Vanguard Intermediate-Term Treasury ETF $VGIT Shares Bought by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 9.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 347,634 shares of the company’s stock after acquiring an additional 29,941 shares during the quarter. Park Avenue Securities LLC owned 0.06% of Vanguard Intermediate-Term Treasury ETF worth $20,834,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter valued at $28,000. Nemes Rush Group LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 703.1% in the 2nd quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock valued at $31,000 after purchasing an additional 450 shares during the period. Asset Dedication LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 707.3% in the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock worth $40,000 after purchasing an additional 580 shares in the last quarter. Activest Wealth Management purchased a new position in Vanguard Intermediate-Term Treasury ETF in the 3rd quarter worth about $47,000. Finally, Thompson Investment Management Inc. acquired a new stake in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $51,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

NASDAQ VGIT opened at $59.62 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.42 and a 1 year high of $60.76. The stock’s 50-day moving average price is $60.00 and its two-hundred day moving average price is $60.08.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1746 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

About Vanguard Intermediate-Term Treasury ETF

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.