Friday Financial Increases Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Friday Financial boosted its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 20.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 221,641 shares of the company’s stock after purchasing an additional 37,864 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up about 4.7% of Friday Financial’s holdings, making the stock its 4th biggest holding. Friday Financial’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $13,283,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPL Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF in the third quarter worth about $28,000. Nemes Rush Group LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 703.1% in the 2nd quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after buying an additional 450 shares during the last quarter. Asset Dedication LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF by 707.3% during the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after acquiring an additional 580 shares during the period. Activest Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $47,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $51,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $59.41 on Tuesday. The firm has a 50 day moving average price of $59.97 and a 200-day moving average price of $60.08. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.42 and a twelve month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1746 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.