Kensington Asset Management LLC Invests $16.09 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

Kensington Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 270,146 shares of the company’s stock, valued at approximately $16,087,000. Vanguard Intermediate-Term Treasury ETF makes up about 0.7% of Kensington Asset Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other large investors have also recently bought and sold shares of VGIT. Spire Wealth Management lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after buying an additional 398 shares during the last quarter. First Community Trust NA purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at about $27,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at about $27,000. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at about $28,000. Finally, Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth about $30,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $58.35 on Friday. The business has a 50 day moving average price of $58.71 and a 200 day moving average price of $59.32. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $58.17 and a fifty-two week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.1879 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

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.