Vanguard Intermediate-Term Treasury ETF $VGIT is Secure Asset Management LLC’s Largest Position

Secure Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 664,284 shares of the company’s stock after purchasing an additional 42,745 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up 5.6% of Secure Asset Management LLC’s portfolio, making the stock its biggest position. Secure Asset Management LLC owned 0.09% of Vanguard Intermediate-Term Treasury ETF worth $39,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGIT. Bank of America Corp DE lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 61.6% in the 1st quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock worth $4,945,822,000 after buying an additional 31,643,968 shares in the last quarter. Corient Private Wealth LLC increased 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. lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after acquiring an additional 5,493,522 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 83.5% in the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after acquiring an additional 3,432,439 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 32.7% in the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after purchasing an additional 3,095,022 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT opened at $57.87 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $57.85 and a fifty-two week high of $60.76. The business has a 50 day moving average price of $58.52 and a two-hundred day moving average price of $59.09.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.2061 per share. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.19. The ex-dividend date is Tuesday, September 1st.

Vanguard Intermediate-Term Treasury ETF Company Profile

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.