Ocean Park Asset Management LLC Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Ocean Park Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 311,135 shares of the company’s stock, valued at approximately $18,528,000. Vanguard Intermediate-Term Treasury ETF comprises about 0.9% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Brookstone Capital Management increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 77.0% in the 1st quarter. Brookstone Capital Management now owns 61,197 shares of the company’s stock worth $3,644,000 after acquiring an additional 26,618 shares during the last quarter. Capstone Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 16.2% during the 1st quarter. Capstone Wealth Management LLC now owns 93,932 shares of the company’s stock worth $5,594,000 after acquiring an additional 13,104 shares during the period. Roble Belko & Company Inc boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 0.9% during the 1st quarter. Roble Belko & Company Inc now owns 322,385 shares of the company’s stock valued at $19,198,000 after acquiring an additional 3,023 shares during the last quarter. CWC Advisors LLC. boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 2.5% during the 1st quarter. CWC Advisors LLC. now owns 124,198 shares of the company’s stock valued at $7,396,000 after acquiring an additional 3,070 shares during the last quarter. Finally, JDH Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 14.1% in the first quarter. JDH Wealth Management LLC now owns 96,963 shares of the company’s stock valued at $5,774,000 after purchasing an additional 11,946 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT opened at $58.84 on Monday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month high of $60.76. The firm has a 50-day moving average price of $59.06 and a 200 day moving average price of $59.60.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.1935 dividend. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.