Miller Investment Management LP Grows Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Miller Investment Management LP lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5,236.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,190,950 shares of the company’s stock after buying an additional 1,168,632 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up about 7.0% of Miller Investment Management LP’s investment portfolio, making the stock its 5th largest holding. Miller Investment Management LP owned about 0.20% of Vanguard Intermediate-Term Treasury ETF worth $71,374,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VGIT. Spire Wealth Management raised its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after acquiring an additional 398 shares in the last quarter. JPL Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter worth $28,000. Gilpin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth $30,000. Crewe Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $32,000. Finally, DT Investment Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT opened at $58.59 on Thursday. The firm’s 50-day simple moving average is $59.14 and its 200 day simple moving average is $59.68. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $58.37 and a fifty-two week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1935 per share. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Vanguard Intermediate-Term Treasury ETF Company Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.