Brindle & Bay Financial Advisors LLC Acquires New Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Brindle & Bay Financial Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,907 shares of the company’s stock, valued at approximately $1,972,000. Vanguard Intermediate-Term Treasury ETF accounts for 1.3% of Brindle & Bay Financial Advisors LLC’s holdings, making the stock its 22nd largest holding.

Several other large investors have also bought and sold shares of VGIT. Bank of America Corp DE raised 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 worth $2,987,189,000 after purchasing an additional 3,650,650 shares during the period. Ameriprise Financial Inc. raised its holdings in Vanguard Intermediate-Term Treasury ETF by 83.5% in the second 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 raised its holdings in Vanguard Intermediate-Term Treasury ETF by 144.6% in the second 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. Cambridge Associates LLC MA ADV raised its holdings in Vanguard Intermediate-Term Treasury ETF by 46.3% in the third 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. Finally, Perigon Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Treasury ETF by 9,969.6% in the fourth quarter. Perigon Wealth Management LLC now owns 1,476,604 shares of the company’s stock worth $88,493,000 after purchasing an additional 1,461,940 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.2%

VGIT opened at $59.58 on Friday. The firm’s fifty day moving average is $59.77 and its two-hundred day moving average is $59.96. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.60 and a twelve month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.1959 dividend. This represents a c) annualized dividend and a 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.

About Vanguard Intermediate-Term Treasury ETF

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.