Vanguard Intermediate-Term Treasury ETF $VGIT is Elevate Wealth Advisory Inc.’s 3rd Largest Position

Elevate Wealth Advisory Inc. increased its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 191,597 shares of the company’s stock after purchasing an additional 13,836 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises about 7.8% of Elevate Wealth Advisory Inc.’s holdings, making the stock its 3rd largest position. Elevate Wealth Advisory Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $11,482,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Belpointe Asset Management LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 103.0% during the fourth quarter. Belpointe Asset Management LLC now owns 49,839 shares of the company’s stock valued at $2,987,000 after buying an additional 25,288 shares during the period. Proffitt & Goodson Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 7.2% during the fourth quarter. Proffitt & Goodson Inc. now owns 1,090,511 shares of the company’s stock valued at $65,354,000 after buying an additional 73,517 shares during the period. Earned Wealth Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 572.0% during the fourth quarter. Earned Wealth Advisors LLC now owns 397,435 shares of the company’s stock valued at $23,818,000 after buying an additional 338,293 shares during the period. Berger Financial Group Inc bought a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $229,000. Finally, Traphagen Investment Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 1.3% during the fourth quarter. Traphagen Investment Advisors LLC now owns 443,082 shares of the company’s stock valued at $26,554,000 after buying an additional 5,670 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ:VGIT opened at $59.76 on Monday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.60 and a 52-week high of $60.76. The stock has a fifty day moving average of $59.83 and a 200 day moving average of $59.98.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm 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. 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 yield of 3.9%. The ex-dividend date of this dividend 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.