Titan Investment Management LLC Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Titan Investment Management LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 11,128 shares of the company’s stock, valued at approximately $667,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 287.7% in the fourth quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock worth $700,917,000 after acquiring an additional 8,679,152 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after acquiring an additional 5,493,522 shares in the last quarter. Bank of America Corp DE raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% during the third 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 during the period. Ameriprise Financial Inc. raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 83.5% during the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after purchasing an additional 3,432,439 shares during the period. Finally, Focus Partners Wealth lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 32.7% in the 4th quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock worth $753,111,000 after purchasing an additional 3,095,022 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ VGIT opened at $58.84 on Friday. The company has a fifty day simple moving average of $59.07 and a 200 day simple moving average of $59.61. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.1935 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. 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.