Vanguard Intermediate-Term Treasury ETF $VGIT Shares Purchased by Ameriprise Financial Inc.

Ameriprise Financial Inc. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 2.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,736,800 shares of the company’s stock after buying an additional 193,521 shares during the quarter. Ameriprise Financial Inc. owned about 1.37% of Vanguard Intermediate-Term Treasury ETF worth $464,165,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% during the 2nd quarter. Bank of America Corp DE now owns 46,110,946 shares of the company’s stock worth $2,757,896,000 after acquiring an additional 500,574 shares during the period. Creative Planning increased its position in Vanguard Intermediate-Term Treasury ETF by 9.3% during the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock worth $987,910,000 after purchasing an additional 1,401,442 shares during the last quarter. Blue Trust Inc. increased its position in Vanguard Intermediate-Term Treasury ETF by 8.4% during the third quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock worth $423,102,000 after purchasing an additional 546,515 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 17.3% during the third quarter. Focus Partners Advisor Solutions LLC now owns 6,429,313 shares of the company’s stock worth $385,952,000 after purchasing an additional 947,798 shares during the period. Finally, Gallagher Fiduciary Advisors LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 5,835.3% during the second 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.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.0%

NASDAQ:VGIT opened at $59.62 on Monday. The company’s 50-day moving average is $60.02 and its two-hundred day moving average is $60.09. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.42 and a 1-year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1746 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.