Vanguard Intermediate-Term Treasury ETF $VGIT Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 8.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 161,026 shares of the company’s stock after acquiring an additional 12,494 shares during the quarter. Apollon Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $9,650,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $287,000. Geneos Wealth Management Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 85.3% during the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock worth $67,000 after buying an additional 521 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 96.4% during the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after buying an additional 6,737 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 170.0% during the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock worth $7,734,000 after buying an additional 81,409 shares in the last quarter. Finally, Diversify Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% in the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock valued at $1,359,000 after purchasing an additional 7,363 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

Shares of NASDAQ VGIT opened at $59.43 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76. The firm’s 50-day moving average is $59.84 and its two-hundred day moving average is $59.99.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a dividend of $0.1959 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change 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%.

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.