Ocean Park Asset Management LLC Buys Shares of 311,135 Vanguard Intermediate-Term Treasury ETF $VGIT

Ocean Park Asset Management LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 311,135 shares of the company’s stock, valued at approximately $18,528,000. Vanguard Intermediate-Term Treasury ETF comprises approximately 0.9% of Ocean Park Asset Management LLC’s portfolio, making the stock its 22nd largest position.

Several other large investors have also recently made changes to their positions in the company. Exencial Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 3.3% in the 4th quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock valued at $343,000 after purchasing an additional 181 shares during the last quarter. Joel Adams & Associates Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 2.8% during the 4th quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock worth $419,000 after purchasing an additional 192 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 1.1% during the 4th quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock worth $1,070,000 after purchasing an additional 194 shares during the last quarter. Sachem Hill LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% during the fourth quarter. Sachem Hill LLC now owns 5,573 shares of the company’s stock worth $334,000 after buying an additional 199 shares in the last quarter. Finally, Sunflower Bank N.A. grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% during the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after buying an additional 202 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT opened at $58.84 on Monday. The firm has a 50-day simple moving average of $59.06 and a 200-day simple moving average of $59.60. 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 firm 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. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.