Five Pine Wealth Management Boosts Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Five Pine Wealth Management boosted its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 17.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 158,199 shares of the company’s stock after acquiring an additional 23,015 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for 6.1% of Five Pine Wealth Management’s portfolio, making the stock its 6th largest position. Five Pine Wealth Management’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $9,481,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 7.9% in 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 acquiring an additional 3,650,650 shares during the last quarter. Creative Planning boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 9.3% in the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after acquiring an additional 1,401,442 shares during the last quarter. Focus Partners Wealth boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 12.0% in the third quarter. Focus Partners Wealth now owns 9,471,486 shares of the company’s stock valued at $569,278,000 after acquiring an additional 1,011,898 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 2.6% in the third quarter. Ameriprise Financial Inc. now owns 7,736,800 shares of the company’s stock valued at $464,165,000 after acquiring an additional 193,521 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 8.4% during the third quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock worth $423,102,000 after buying an additional 546,515 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT opened at $59.39 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.42 and a 1 year high of $60.76. The stock’s 50-day moving average price is $59.86 and its two-hundred day moving average price is $60.00.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.1959 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date was Wednesday, April 1st.

Vanguard Intermediate-Term Treasury ETF 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.