AXS Investments LLC Invests $1.58 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

AXS Investments LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,322 shares of the company’s stock, valued at approximately $1,580,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in Vanguard Intermediate-Term Treasury ETF by 1.1% during the second quarter. Bank of America Corp DE now owns 46,110,946 shares of the company’s stock worth $2,757,896,000 after purchasing an additional 500,574 shares during the period. Empower Advisory Group LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 4.5% in the 2nd quarter. Empower Advisory Group LLC now owns 19,075,152 shares of the company’s stock worth $1,140,885,000 after purchasing an additional 829,746 shares during the period. Creative Planning lifted its position in Vanguard Intermediate-Term Treasury ETF by 9.4% in the second quarter. Creative Planning now owns 15,055,511 shares of the company’s stock valued at $900,470,000 after purchasing an additional 1,293,010 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 83.5% during the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after acquiring an additional 3,432,439 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 8.4% during the third quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock valued at $423,102,000 after acquiring an additional 546,515 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $59.90 on Monday. The firm has a 50-day moving average of $60.00 and a 200 day moving average of $59.98. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $57.79 and a 1 year high of $60.57.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a $0.1913 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.8%.

Vanguard Intermediate-Term Treasury ETF 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.