Vanguard Intermediate-Term Treasury ETF $VGIT Shares Sold by SMART Wealth LLC

SMART Wealth LLC cut its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 45.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 59,000 shares of the company’s stock after selling 49,282 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up 1.3% of SMART Wealth LLC’s portfolio, making the stock its 23rd largest holding. SMART Wealth LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,542,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 8.8% in the third quarter. Vanguard Group Inc. now owns 673,519 shares of the company’s stock worth $40,431,000 after acquiring an additional 54,388 shares during the period. Fifth Third Bancorp increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 227.4% in the 3rd quarter. Fifth Third Bancorp now owns 1,863 shares of the company’s stock valued at $112,000 after purchasing an additional 1,294 shares in the last quarter. Smithfield Trust Co raised its holdings in Vanguard Intermediate-Term Treasury ETF by 8.5% in the 3rd quarter. Smithfield Trust Co now owns 41,347 shares of the company’s stock worth $2,480,000 after purchasing an additional 3,229 shares during the period. Addison Advisors LLC raised its holdings in Vanguard Intermediate-Term Treasury ETF by 7.2% in the 3rd quarter. Addison Advisors LLC now owns 305,566 shares of the company’s stock worth $18,343,000 after purchasing an additional 20,564 shares during the period. Finally, Rialto Wealth Management LLC boosted its position in Vanguard Intermediate-Term Treasury ETF by 278.1% during the third quarter. Rialto Wealth Management LLC now owns 269,089 shares of the company’s stock worth $16,153,000 after purchasing an additional 197,915 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Vanguard Intermediate-Term Treasury ETF stock opened at $60.39 on Monday. The business has a 50 day simple moving average of $59.92 and a 200-day simple moving average of $60.02. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.10 and a 12 month high of $60.57.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1913 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd.

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.