Jackson Thornton Wealth Management LLC Grows Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Jackson Thornton Wealth Management LLC raised its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 6.2% in the first quarter, Holdings Channel reports. The firm owned 676,751 shares of the company’s stock after acquiring an additional 39,470 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 3.6% of Jackson Thornton Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Jackson Thornton Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $40,219,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth $287,000. Geneos Wealth Management Inc. lifted its stake in Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after acquiring an additional 521 shares during the last quarter. Cresset Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 96.4% in the 2nd quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock valued at $821,000 after acquiring an additional 6,737 shares during the period. NewEdge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 170.0% in the 2nd quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock valued at $7,734,000 after acquiring an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock worth $1,359,000 after purchasing an additional 7,363 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.3%

Shares of VGIT stock opened at $58.61 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.37 and a 52-week high of $60.76. The firm’s 50-day moving average is $58.89 and its 200-day moving average is $59.51.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.1879 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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.