LPL Financial LLC Boosts Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

LPL Financial LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 23.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,477,265 shares of the company’s stock after acquiring an additional 469,950 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $148,462,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VGIT. Brighton Jones LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $287,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock worth $67,000 after acquiring an additional 521 shares during the last quarter. Cresset Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 96.4% in the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after acquiring an additional 6,737 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 170.0% in the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock worth $7,734,000 after acquiring an additional 81,409 shares during the last quarter. Finally, Diversify Advisory Services LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% in the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock worth $1,359,000 after acquiring an additional 7,363 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

Shares of NASDAQ:VGIT opened at $58.59 on Thursday. The business’s 50 day moving average price is $59.14 and its 200-day moving average price is $59.68. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76.

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 boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 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.