Capstone Wealth Management LLC Has $4.84 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Capstone Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 34.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,828 shares of the company’s stock after acquiring an additional 20,913 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises about 3.5% of Capstone Wealth Management LLC’s portfolio, making the stock its 9th largest position. Capstone Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,844,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VGIT. Howard Wealth Management LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 4.4% during the 3rd quarter. Howard Wealth Management LLC now owns 4,074 shares of the company’s stock worth $245,000 after acquiring an additional 172 shares during the period. Sachem Hill LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% during the 3rd quarter. Sachem Hill LLC now owns 5,374 shares of the company’s stock valued at $323,000 after acquiring an additional 193 shares during the period. E&G Advisors LP grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 0.9% during the 3rd quarter. E&G Advisors LP now owns 22,699 shares of the company’s stock worth $1,363,000 after purchasing an additional 194 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% in the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock worth $1,070,000 after purchasing an additional 194 shares during the period. Finally, Sunflower Bank N.A. increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% in the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after purchasing an additional 202 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $59.39 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.42 and a twelve month high of $60.76. The company has a 50-day simple moving average of $59.88 and a 200 day simple moving average of $60.02.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.1959 per share. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.