HBE Wealth Management LLC Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

HBE Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 184,961 shares of the company’s stock, valued at approximately $11,085,000. Vanguard Intermediate-Term Treasury ETF accounts for 10.4% of HBE Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at approximately $287,000. Geneos Wealth Management Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 85.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock worth $67,000 after buying an additional 521 shares in the last quarter. CW Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 0.7% during the 2nd quarter. CW Advisors LLC now owns 54,133 shares of the company’s stock worth $3,238,000 after buying an additional 352 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 8.2% in the second quarter. Baird Financial Group Inc. now owns 413,843 shares of the company’s stock valued at $24,752,000 after buying an additional 31,531 shares in the last quarter. Finally, Brown Advisory Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 20.9% in the second quarter. Brown Advisory Inc. now owns 110,170 shares of the company’s stock valued at $6,589,000 after buying an additional 19,074 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $59.39 on Friday. The business’s fifty day moving average price is $59.88 and its 200 day moving average price is $60.02. 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 Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.1959 per share. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.