Private Wealth Management Group LLC Has $23.82 Million Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Private Wealth Management Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 399,966 shares of the company’s stock after acquiring an additional 19,225 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 6.3% of Private Wealth Management Group LLC’s portfolio, making the stock its 4th largest position. Private Wealth Management Group LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $23,818,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VGIT. Spire Wealth Management grew its holdings 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 worth $27,000 after acquiring an additional 398 shares during the period. First Community Trust NA bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at $27,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at $27,000. JPL Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at $28,000. Finally, Gilpin Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at $30,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

NASDAQ:VGIT opened at $59.17 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month high of $60.76. The stock’s fifty day simple moving average is $58.99 and its 200-day simple moving average is $59.56.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.1935 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 3.9%.

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.