Vanguard Intermediate-Term Treasury ETF $VGIT is Nova R Wealth Inc.’s Largest Position

Nova R Wealth Inc. raised its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 14.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 611,475 shares of the company’s stock after purchasing an additional 75,489 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for approximately 13.4% of Nova R Wealth Inc.’s investment portfolio, making the stock its largest holding. Nova R Wealth Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $36,646,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VGIT. Spire Wealth Management lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after buying an additional 398 shares during the last quarter. InTrack Investment Management Inc grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 18.6% in the 4th quarter. InTrack Investment Management Inc now owns 6,407 shares of the company’s stock worth $384,000 after buying an additional 1,007 shares during the last quarter. Eastern Bank raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 219.5% during the 4th quarter. Eastern Bank now owns 6,166 shares of the company’s stock worth $370,000 after acquiring an additional 4,236 shares in the last quarter. Cypress Financial Planning LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 25.6% during the 4th quarter. Cypress Financial Planning LLC now owns 578,081 shares of the company’s stock worth $34,708,000 after acquiring an additional 117,850 shares in the last quarter. Finally, Braun Bostich & Associates Inc. lifted its position in Vanguard Intermediate-Term Treasury ETF by 1.4% during the fourth quarter. Braun Bostich & Associates Inc. now owns 22,008 shares of the company’s stock valued at $1,319,000 after acquiring an additional 307 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ:VGIT opened at $59.17 on Friday. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.42 and a 52 week high of $60.76. The firm has a 50 day moving average of $59.92 and a 200 day moving average of $60.05.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

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

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.