HBE Wealth Management LLC Takes $11.09 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

HBE Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 184,961 shares of the company’s stock, valued at approximately $11,085,000. Vanguard Intermediate-Term Treasury ETF comprises about 10.4% of HBE Wealth Management LLC’s portfolio, making the stock its 3rd largest holding.

A number of other institutional investors have also modified their holdings of VGIT. LifePlan Financial LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 0.9% during the 4th quarter. LifePlan Financial LLC now owns 71,843 shares of the company’s stock worth $4,306,000 after purchasing an additional 618 shares during the last quarter. Hanson & Doremus Investment Management raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 8.6% in the fourth quarter. Hanson & Doremus Investment Management now owns 1,117,525 shares of the company’s stock valued at $66,973,000 after buying an additional 88,859 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 349.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 25,405 shares of the company’s stock valued at $1,523,000 after buying an additional 19,754 shares during the last quarter. Stratos Wealth Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 6.3% during the fourth quarter. Stratos Wealth Advisors LLC now owns 439,210 shares of the company’s stock worth $26,322,000 after buying an additional 26,077 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 172.4% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 28,133 shares of the company’s stock worth $1,686,000 after buying an additional 17,804 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $59.39 on Friday. The business has a 50 day moving average price of $59.88 and a two-hundred day moving average price of $60.02. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.42 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Investors 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. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, April 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.