Financial Architects LLC Invests $10.81 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

Financial Architects LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 180,335 shares of the company’s stock, valued at approximately $10,807,000. Vanguard Intermediate-Term Treasury ETF accounts for 5.8% of Financial Architects LLC’s holdings, making the stock its 6th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Gallagher Fiduciary Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 5,835.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,750,203 shares of the company’s stock worth $343,920,000 after purchasing an additional 5,653,321 shares during the period. Bank of America Corp DE increased its holdings in Vanguard Intermediate-Term Treasury ETF by 7.9% during the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after purchasing an additional 3,650,650 shares during the period. Ameriprise Financial Inc. increased its holdings in Vanguard Intermediate-Term Treasury ETF by 83.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after purchasing an additional 3,432,439 shares during the period. Corient Private Wealth LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 144.6% during the 2nd quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock worth $336,108,000 after purchasing an additional 3,322,064 shares during the period. Finally, Cambridge Associates LLC MA ADV increased its holdings in Vanguard Intermediate-Term Treasury ETF by 46.3% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 5,495,265 shares of the company’s stock worth $329,881,000 after purchasing an additional 1,737,909 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT opened at $59.49 on Thursday. The stock’s fifty day moving average is $59.86 and its two-hundred day moving average is $60.00. 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 company also recently disclosed 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) annualized dividend and a yield of 4.0%. 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.

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.