Macco Financial Group Inc. Makes New Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Macco Financial Group Inc. acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 54,461 shares of the company’s stock, valued at approximately $3,243,000. Vanguard Intermediate-Term Treasury ETF makes up about 2.5% of Macco Financial Group Inc.’s holdings, making the stock its 12th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Corient Private Wealth LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 287.7% during the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after purchasing an additional 8,679,152 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after purchasing an additional 5,493,522 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% in the third 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 in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 83.5% in the second 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 in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 32.7% during the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after buying an additional 3,095,022 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $59.16 on Monday. The stock has a fifty day simple moving average of $59.00 and a 200 day simple moving average of $59.56. 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 disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.1935 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

Vanguard Intermediate-Term Treasury ETF 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.