Mittelman Wealth Management Grows Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Mittelman Wealth Management increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 199.5% in the first quarter, Holdings Channel reports. The firm owned 49,959 shares of the company’s stock after buying an additional 33,278 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises 1.9% of Mittelman Wealth Management’s investment portfolio, making the stock its 15th largest holding. Mittelman Wealth Management’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $2,975,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Spire Wealth Management lifted its position in Vanguard Intermediate-Term Treasury ETF by 796.0% in the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after buying an additional 398 shares during the last quarter. First Community Trust NA acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter valued at about $27,000. Fairway Wealth LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter valued at about $27,000. JPL Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter valued at about $28,000. Finally, Gilpin Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at approximately $30,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $58.40 on Tuesday. The firm’s 50 day moving average price is $58.72 and its 200-day moving average price is $59.36. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.17 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1879 per share. The ex-dividend date was Wednesday, July 1st.

Vanguard Intermediate-Term Treasury ETF Company 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.