Modern Wealth Management LLC Increases Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Modern Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 8.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 259,862 shares of the company’s stock after purchasing an additional 19,970 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $15,600,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VGIT. Nemes Rush Group LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 703.1% during the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock valued at $31,000 after buying an additional 450 shares during the period. True Wealth Design LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 65.5% in the second quarter. True Wealth Design LLC now owns 576 shares of the company’s stock worth $34,000 after acquiring an additional 228 shares during the period. Financial Gravity Companies Inc. bought a new position in Vanguard Intermediate-Term Treasury ETF in the second quarter worth approximately $35,000. Asset Dedication LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% during the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock worth $40,000 after acquiring an additional 580 shares during the last quarter. Finally, Winthrop Capital Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter valued at $46,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $60.00 on Friday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.42 and a one year high of $60.76. The stock’s fifty day moving average is $60.04 and its 200 day moving average is $60.09.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1746 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.