Focus Partners Advisor Solutions LLC Decreases Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Focus Partners Advisor Solutions LLC cut its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 71.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,822,246 shares of the company’s stock after selling 4,607,067 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises about 1.3% of Focus Partners Advisor Solutions LLC’s holdings, making the stock its 15th largest holding. Focus Partners Advisor Solutions LLC owned about 0.30% of Vanguard Intermediate-Term Treasury ETF worth $109,207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Spire Wealth Management boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after acquiring an additional 398 shares in the last quarter. JPL Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $28,000. Crewe Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth about $32,000. DT Investment Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth about $32,000. Finally, HighMark Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth about $33,000.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

NASDAQ:VGIT opened at $58.53 on Tuesday. The stock has a 50-day simple moving average of $59.17 and a 200-day simple moving average of $59.70. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.1935 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.