Midland Wealth Advisors LLC Cuts Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Midland Wealth Advisors LLC trimmed its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 35.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 341,438 shares of the company’s stock after selling 184,641 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises 1.1% of Midland Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Midland Wealth Advisors LLC owned approximately 0.06% of Vanguard Intermediate-Term Treasury ETF worth $20,462,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VGIT. Spire Wealth Management raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after buying an additional 398 shares in the last quarter. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth approximately $28,000. Crewe Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth approximately $32,000. Capital Advisors Ltd. LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 128.2% during the 4th quarter. Capital Advisors Ltd. LLC now owns 712 shares of the company’s stock worth $43,000 after buying an additional 400 shares in the last quarter. Finally, YANKCOM Partnership raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 48.0% during the 4th quarter. YANKCOM Partnership now owns 758 shares of the company’s stock worth $45,000 after buying an additional 246 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $59.76 on Friday. The stock has a 50 day simple moving average of $59.83 and a 200-day simple moving average of $59.98. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.60 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. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.1959 per share. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.