AE Wealth Management LLC Buys 23,744 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

AE Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 15.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 173,939 shares of the company’s stock after buying an additional 23,744 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $10,424,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGIT. Brighton Jones LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth $287,000. Geneos Wealth Management Inc. lifted its holdings in shares of 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 purchasing an additional 521 shares during the period. Cresset Asset Management LLC lifted its holdings in shares of 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 purchasing an additional 6,737 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of 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 purchasing an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% during the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock worth $1,359,000 after purchasing an additional 7,363 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.4%

Shares of NASDAQ:VGIT opened at $59.76 on Friday. The firm’s fifty day moving average is $59.83 and its 200-day moving average is $59.98. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.60 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders 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 dividend yield of 3.9%. This is a boost 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 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.