Squire Investment Management Company LLC Acquires 28,487 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Squire Investment Management Company LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 15.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 209,351 shares of the company’s stock after purchasing an additional 28,487 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises 3.8% of Squire Investment Management Company LLC’s holdings, making the stock its 10th largest holding. Squire Investment Management Company LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $12,546,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% during the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after purchasing an additional 3,650,650 shares in the last quarter. Creative Planning grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 9.3% during the 3rd quarter. Creative Planning now owns 16,456,953 shares of the company’s stock worth $987,910,000 after purchasing an additional 1,401,442 shares in the last quarter. Focus Partners Wealth grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 12.0% during the 3rd quarter. Focus Partners Wealth now owns 9,471,486 shares of the company’s stock worth $569,278,000 after purchasing an additional 1,011,898 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 2.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,736,800 shares of the company’s stock worth $464,165,000 after purchasing an additional 193,521 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 8.4% during the 3rd quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock worth $423,102,000 after purchasing an additional 546,515 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $59.49 on Thursday. The company’s 50 day moving average price is $59.86 and its two-hundred day moving average price is $60.00. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1959 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Wednesday, April 1st. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17.

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.