Seaside Wealth Management Inc. Has $12.77 Million Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Seaside Wealth Management Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 213,111 shares of the company’s stock after purchasing an additional 14,323 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 3.6% of Seaside Wealth Management Inc.’s investment portfolio, making the stock its 7th largest holding. Seaside Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $12,772,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VGIT. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Treasury ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after purchasing an additional 5,493,522 shares during the period. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 7.9% in the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock valued at $2,987,189,000 after purchasing an additional 3,650,650 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Intermediate-Term Treasury ETF by 83.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after purchasing an additional 3,432,439 shares during the period. Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 144.6% in the 2nd quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock valued at $336,108,000 after purchasing an additional 3,322,064 shares during the period. Finally, Focus Partners Wealth grew its position in Vanguard Intermediate-Term Treasury ETF by 32.7% in the 4th quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after purchasing an additional 3,095,022 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ VGIT opened at $58.88 on Tuesday. The company has a fifty day simple moving average of $59.10 and a 200 day simple moving average of $59.65. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

Vanguard Intermediate-Term Treasury ETF Company 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.