Nolet Wealth Management LLC Makes New $1.25 Million Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Nolet Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 20,894 shares of the company’s stock, valued at approximately $1,252,000. Vanguard Intermediate-Term Treasury ETF comprises approximately 0.7% of Nolet Wealth Management LLC’s portfolio, making the stock its 24th biggest holding.

A number of other hedge funds have also recently modified their holdings of VGIT. Corient Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock worth $700,917,000 after purchasing an additional 8,679,152 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Treasury ETF by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after purchasing an additional 5,493,522 shares in the last quarter. Bank of America Corp DE lifted its position in Vanguard Intermediate-Term Treasury ETF by 7.9% during the third quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock valued at $2,987,189,000 after purchasing an additional 3,650,650 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Vanguard Intermediate-Term Treasury ETF by 83.5% during the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after purchasing an additional 3,432,439 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in Vanguard Intermediate-Term Treasury ETF by 32.7% during the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after purchasing an additional 3,095,022 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT opened at $58.84 on Friday. The business has a 50-day simple moving average of $59.07 and a two-hundred day simple moving average of $59.61. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.37 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.1935 per share. This is a boost 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 3.9%.

About Vanguard Intermediate-Term Treasury ETF

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.