Floyd Financial Group LLC Buys New Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Floyd Financial Group LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the fourth quarter, Holdings Channel reports. The firm purchased 30,855 shares of the company’s stock, valued at approximately $1,861,000. Vanguard Intermediate-Term Treasury ETF makes up about 1.3% of Floyd Financial Group LLC’s holdings, making the stock its 24th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% during the fourth quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock worth $700,917,000 after acquiring an additional 8,679,152 shares during the last quarter. JPMorgan Chase & Co. raised 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 last quarter. Bank of America Corp DE raised 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 last quarter. Ameriprise Financial Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 83.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after purchasing an additional 3,432,439 shares during the period. Finally, Focus Partners Wealth boosted its stake in Vanguard Intermediate-Term Treasury ETF by 32.7% during the 4th quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock worth $753,111,000 after purchasing an additional 3,095,022 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.84 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76. The company’s fifty day moving average is $59.07 and its two-hundred day moving average is $59.61.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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