Nova R Wealth Inc. Sells 49,007 Shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Nova R Wealth Inc. lowered its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 13.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 308,662 shares of the company’s stock after selling 49,007 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 9.1% of Nova R Wealth Inc.’s investment portfolio, making the stock its 2nd largest holding. Nova R Wealth Inc. owned about 0.06% of Vanguard Intermediate-Term Treasury ETF worth $18,335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 25.9% during the 4th quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock worth $3,715,989,000 after purchasing an additional 13,198,415 shares during the last quarter. Strategic Financial Services Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 6,077.9% during the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock worth $112,562,000 after buying an additional 1,909,312 shares during the period. State of Tennessee Department of Treasury purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $96,662,000. Raymond James Financial Inc. acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at $95,032,000. Finally, Permanent Capital Management LP acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at $62,941,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $59.60 on Thursday. The business has a 50-day moving average price of $59.14 and a 200-day moving average price of $58.75. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $57.40 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a $0.194 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17.

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.