Vanguard Intermediate-Term Treasury ETF $VGIT Shares Bought by United Wealth Management LLC

United Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 7.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 363,710 shares of the company’s stock after buying an additional 25,436 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up 5.6% of United Wealth Management LLC’s holdings, making the stock its 6th largest holding. United Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $21,797,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management raised its position in shares of 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 in the last quarter. JPL Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the third quarter valued at approximately $28,000. Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $30,000. Crewe Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $32,000. Finally, DT Investment Partners LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT opened at $58.59 on Thursday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76. The firm has a 50 day simple moving average of $59.14 and a two-hundred day simple moving average of $59.68.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1935 per share. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, June 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.