Bank of America Corp DE Has $4.95 Billion Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Bank of America Corp DE grew its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 61.6% during the first quarter, Holdings Channel reports. The firm owned 83,053,264 shares of the company’s stock after acquiring an additional 31,643,968 shares during the quarter. Bank of America Corp DE owned about 0.12% of Vanguard Intermediate-Term Treasury ETF worth $4,945,822,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BIP Wealth LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 19.4% during the fourth quarter. BIP Wealth LLC now owns 76,343 shares of the company’s stock worth $4,575,000 after acquiring an additional 12,422 shares in the last quarter. Trivium Point Advisory LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 32.1% in the fourth quarter. Trivium Point Advisory LLC now owns 44,800 shares of the company’s stock worth $2,685,000 after purchasing an additional 10,885 shares during the period. Valmark Advisers Inc. increased its stake in Vanguard Intermediate-Term Treasury ETF by 3.1% in the fourth quarter. Valmark Advisers Inc. now owns 3,106,042 shares of the company’s stock valued at $186,145,000 after purchasing an additional 92,729 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Vanguard Intermediate-Term Treasury ETF by 172.4% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 28,133 shares of the company’s stock valued at $1,686,000 after purchasing an additional 17,804 shares in the last quarter. Finally, Squire Investment Management Company LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 15.8% during the fourth quarter. Squire Investment Management Company LLC now owns 209,351 shares of the company’s stock valued at $12,546,000 after purchasing an additional 28,487 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.2%

Shares of NASDAQ VGIT opened at $58.43 on Thursday. The firm’s 50-day moving average price is $58.72 and its 200-day moving average price is $59.34. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.17 and a 1-year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1879 per share. The ex-dividend date was Wednesday, July 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.