Midland Wealth Advisors LLC Trims Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Midland Wealth Advisors LLC cut its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 79.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 526,079 shares of the company’s stock after selling 1,982,642 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for about 1.7% of Midland Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding. Midland Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $31,581,000 at the end of the most recent quarter.

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

Vanguard Intermediate-Term Treasury ETF Trading Up 0.0%

Shares of VGIT opened at $60.30 on Friday. The firm has a 50-day simple moving average of $59.96 and a two-hundred day simple moving average of $60.03. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.26 and a 1-year high of $60.57.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1913 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.

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.