Baker Tilly Wealth Management LLC Sells 52,994 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Baker Tilly Wealth Management LLC cut its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 46.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,570 shares of the company’s stock after selling 52,994 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up approximately 0.9% of Baker Tilly Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Baker Tilly Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,690,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VGIT. Armstrong Advisory Group Inc. lifted its position in Vanguard Intermediate-Term Treasury ETF by 1.1% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock valued at $1,070,000 after acquiring an additional 194 shares during the last quarter. Websterrogers Financial Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 5.0% in the fourth quarter. Websterrogers Financial Advisors LLC now owns 157,583 shares of the company’s stock valued at $9,444,000 after acquiring an additional 7,500 shares in the last quarter. Genesis Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 8.4% in the fourth quarter. Genesis Private Wealth LLC now owns 67,203 shares of the company’s stock worth $4,027,000 after purchasing an additional 5,226 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 0.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 235,331 shares of the company’s stock worth $14,103,000 after purchasing an additional 800 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 7.4% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 249,236 shares of the company’s stock worth $14,937,000 after purchasing an additional 17,121 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.6%

Shares of VGIT opened at $59.27 on Monday. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.42 and a 12 month high of $60.76. The stock has a fifty day moving average price of $59.98 and a 200-day moving average price of $60.08.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.1746 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.