UBS Group AG Buys 257,370 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

UBS Group AG boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 8.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,243,319 shares of the company’s stock after acquiring an additional 257,370 shares during the quarter. UBS Group AG’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $194,372,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VGIT. Brighton Jones LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $287,000. Geneos Wealth Management Inc. increased its holdings in Vanguard Intermediate-Term Treasury ETF by 85.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after buying an additional 521 shares during the period. Cresset Asset Management LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 96.4% during the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock valued at $821,000 after buying an additional 6,737 shares during the period. NewEdge Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 170.0% during the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock valued at $7,734,000 after buying an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 47.7% during the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock valued at $1,359,000 after buying an additional 7,363 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $59.23 on Thursday. The company’s 50 day moving average is $59.72 and its 200 day moving average is $59.95. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.60 and a 52-week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1959 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.0%.

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.