StrongBox Wealth LLC Sells 90,261 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

StrongBox Wealth LLC lowered its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 51.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,325 shares of the company’s stock after selling 90,261 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up approximately 1.7% of StrongBox Wealth LLC’s portfolio, making the stock its 24th largest position. StrongBox Wealth LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $5,054,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VGIT. Brighton Jones LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $287,000. Geneos Wealth Management Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock worth $67,000 after purchasing an additional 521 shares during the last quarter. Brown Advisory Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 20.9% in the second quarter. Brown Advisory Inc. now owns 110,170 shares of the company’s stock worth $6,589,000 after purchasing an additional 19,074 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 96.4% in the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after purchasing an additional 6,737 shares during the last quarter. Finally, Hurley Capital LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 3.0% in the second quarter. Hurley Capital LLC now owns 129,331 shares of the company’s stock worth $7,735,000 after purchasing an additional 3,735 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of NASDAQ:VGIT opened at $59.28 on Tuesday. The stock’s 50-day simple moving average is $59.87 and its two-hundred day simple moving average is $60.01. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.42 and a 52-week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a $0.1959 dividend. 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.