Vanguard Intermediate-Term Treasury ETF $VGIT Stake Boosted by AMI Investment Management Inc.

AMI Investment Management Inc. lifted its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 34.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 413,757 shares of the company’s stock after acquiring an additional 106,525 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 5.6% of AMI Investment Management Inc.’s investment portfolio, making the stock its 5th largest holding. AMI Investment Management Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $24,796,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management grew its holdings in Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after acquiring an additional 398 shares in the last quarter. JPL Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $28,000. Asset Dedication LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% in the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after purchasing an additional 580 shares in the last quarter. Activest Wealth Management bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at about $47,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter worth approximately $51,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.1%

NASDAQ VGIT opened at $59.17 on Friday. The firm’s 50 day moving average price is $59.92 and its 200-day moving average price is $60.05. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.42 and a 52-week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1746 per share. 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.