Capstone Wealth Management LLC Buys 13,104 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Capstone Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 16.2% in the first quarter, HoldingsChannel reports. The fund owned 93,932 shares of the company’s stock after purchasing an additional 13,104 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up 3.9% of Capstone Wealth Management LLC’s holdings, making the stock its 9th largest holding. Capstone Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $5,594,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VGIT. Spire Wealth Management raised its holdings in Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares in the last quarter. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at $27,000. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter worth $28,000. Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $30,000. Finally, Crewe Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $32,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $58.84 on Monday. The stock has a 50-day simple moving average of $59.06 and a 200 day simple moving average of $59.60. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $58.37 and a fifty-two week 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 represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.