Focus Partners Wealth Grows Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Focus Partners Wealth grew its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 32.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,566,508 shares of the company’s stock after acquiring an additional 3,095,022 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises 0.9% of Focus Partners Wealth’s holdings, making the stock its 24th largest position. Focus Partners Wealth owned 2.07% of Vanguard Intermediate-Term Treasury ETF worth $753,111,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VGIT. Exencial Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.3% in the fourth quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock valued at $343,000 after purchasing an additional 181 shares during the last quarter. Joel Adams & Associates Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 2.8% in the fourth quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock valued at $419,000 after purchasing an additional 192 shares during the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% in the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock valued at $1,070,000 after purchasing an additional 194 shares during the last quarter. Sachem Hill LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% in the fourth quarter. Sachem Hill LLC now owns 5,573 shares of the company’s stock valued at $334,000 after purchasing an additional 199 shares during the last quarter. Finally, Sunflower Bank N.A. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% in the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock valued at $288,000 after purchasing an additional 202 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

NASDAQ:VGIT opened at $58.82 on Friday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76. The stock has a 50 day moving average price of $59.11 and a 200 day moving average price of $59.66.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.1935 dividend. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.