D.B. Root & Company LLC Decreases Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

D.B. Root & Company LLC reduced its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 48.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,256 shares of the company’s stock after selling 30,492 shares during the period. D.B. Root & Company LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $1,936,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trust Co. of Toledo NA OH purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter valued at about $25,000. Nemes Rush Group LLC grew 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 acquiring an additional 450 shares in the last quarter. True Wealth Design LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 65.5% during the second quarter. True Wealth Design LLC now owns 576 shares of the company’s stock valued at $34,000 after purchasing an additional 228 shares during the period. Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the second quarter valued at approximately $35,000. Finally, Asset Dedication LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% during the second quarter. Asset Dedication LLC now owns 662 shares of the company’s stock worth $40,000 after purchasing an additional 580 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $59.89 on Monday. The firm has a fifty day simple moving average of $59.92 and a 200-day simple moving average of $59.99. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $57.79 and a twelve month 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. Shareholders of record on Monday, February 2nd were given a $0.1913 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, February 2nd.

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.