Permanent Capital Management LP Has $35.39 Million Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Permanent Capital Management LP cut its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 15.7% in the 4th quarter, Holdings Channel reports. The fund owned 590,480 shares of the company’s stock after selling 110,355 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises about 6.9% of Permanent Capital Management LP’s holdings, making the stock its 4th largest position. Permanent Capital Management LP’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $35,387,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF during the third quarter worth about $28,000. Nemes Rush Group LLC increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 703.1% during 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 last quarter. Asset Dedication LLC increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% during the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after purchasing an additional 580 shares during the last quarter. Activest Wealth Management purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $47,000. Finally, Thompson Investment Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $51,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

NASDAQ:VGIT opened at $59.27 on Friday. The business has a 50 day moving average of $59.98 and a 200 day moving average of $60.08. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.42 and a 1-year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1746 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend 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.