Burkett Financial Services LLC Boosts Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Burkett Financial Services LLC raised its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 27.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,978 shares of the company’s stock after purchasing an additional 18,968 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 1.8% of Burkett Financial Services LLC’s holdings, making the stock its 11th biggest holding. Burkett Financial Services LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $5,273,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Howard Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% during the 3rd quarter. Howard Wealth Management LLC now owns 4,074 shares of the company’s stock worth $245,000 after buying an additional 172 shares during the last quarter. Sachem Hill LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 3.7% in the third quarter. Sachem Hill LLC now owns 5,374 shares of the company’s stock valued at $323,000 after acquiring an additional 193 shares during the last quarter. E&G Advisors LP boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 0.9% in the third quarter. E&G Advisors LP now owns 22,699 shares of the company’s stock valued at $1,363,000 after acquiring an additional 194 shares during the last quarter. Capital Investment Advisory Services LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 20.7% in the third quarter. Capital Investment Advisory Services LLC now owns 1,225 shares of the company’s stock valued at $74,000 after acquiring an additional 210 shares during the last quarter. Finally, Colonial Trust Co SC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 33.3% in the third quarter. Colonial Trust Co SC now owns 857 shares of the company’s stock valued at $51,000 after acquiring an additional 214 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $59.62 on Friday. The stock has a 50-day moving average price of $60.00 and a two-hundred day moving average price of $60.08. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

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

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.