BIP Wealth LLC Acquires 12,422 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

BIP Wealth LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 19.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,343 shares of the company’s stock after buying an additional 12,422 shares during the quarter. BIP Wealth LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,575,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VGIT. Gallagher Fiduciary Advisors LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 5,835.3% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 5,750,203 shares of the company’s stock valued at $343,920,000 after buying an additional 5,653,321 shares during the period. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 7.9% during the third quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock valued at $2,987,189,000 after buying an additional 3,650,650 shares during the period. Ameriprise Financial Inc. grew its position in Vanguard Intermediate-Term Treasury ETF by 83.5% during the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after buying an additional 3,432,439 shares during the period. Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 144.6% during the second quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock valued at $336,108,000 after buying an additional 3,322,064 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its position in Vanguard Intermediate-Term Treasury ETF by 46.3% during the third quarter. Cambridge Associates LLC MA ADV now owns 5,495,265 shares of the company’s stock valued at $329,881,000 after buying an additional 1,737,909 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT opened at $59.39 on Wednesday. The firm has a 50 day moving average of $59.86 and a 200 day moving average of $60.00. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a $0.1959 dividend. The ex-dividend date was Wednesday, April 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. 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.