Portland Global Advisors LLC Acquires 14,620 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Portland Global Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 2.4% in the third quarter, Holdings Channel.com reports. The firm owned 636,482 shares of the company’s stock after buying an additional 14,620 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises 4.3% of Portland Global Advisors LLC’s portfolio, making the stock its 7th largest holding. Portland Global Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $38,208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VGIT. Howard Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% in the 3rd quarter. Howard Wealth Management LLC now owns 4,074 shares of the company’s stock valued at $245,000 after purchasing an additional 172 shares in the last quarter. Alteri Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 1.7% in the second quarter. Alteri Wealth LLC now owns 10,849 shares of the company’s stock worth $649,000 after buying an additional 186 shares during the last quarter. Sachem Hill LLC raised its holdings in Vanguard Intermediate-Term Treasury ETF by 3.7% in the third quarter. Sachem Hill LLC now owns 5,374 shares of the company’s stock valued at $323,000 after acquiring an additional 193 shares in the last quarter. E&G Advisors LP boosted its stake in Vanguard Intermediate-Term Treasury ETF by 0.9% during the 3rd quarter. E&G Advisors LP now owns 22,699 shares of the company’s stock valued at $1,363,000 after acquiring an additional 194 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 20.7% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,225 shares of the company’s stock worth $74,000 after acquiring an additional 210 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $60.50 on Tuesday. The company has a 50-day moving average of $59.97 and a 200-day moving average of $60.05. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.42 and a 1-year high of $60.57.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently disclosed 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 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.