RFG Holdings Inc. Takes $582,000 Position in Vanguard Intermediate-Term Treasury ETF $VGIT

RFG Holdings Inc. bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,768 shares of the company’s stock, valued at approximately $582,000.

Other institutional investors have also added to or reduced their stakes in the company. Spire Wealth Management raised its holdings in Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after acquiring an additional 398 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter worth approximately $28,000. Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth approximately $30,000. Crewe Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth approximately $32,000. Finally, DT Investment Partners LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT opened at $58.84 on Friday. The stock’s 50 day simple moving average is $59.06 and its 200-day simple moving average is $59.61. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1935 dividend. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.9%.

Vanguard Intermediate-Term Treasury ETF 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.