Avise Financial Cooperative Inc. Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Avise Financial Cooperative Inc. acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,519 shares of the company’s stock, valued at approximately $1,469,000. Vanguard Intermediate-Term Treasury ETF accounts for approximately 1.3% of Avise Financial Cooperative Inc.’s portfolio, making the stock its 16th biggest holding.

Several other large investors have also modified their holdings of VGIT. Brighton Jones LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $287,000. Geneos Wealth Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after acquiring an additional 521 shares during the period. Cresset Asset Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 96.4% in the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock valued at $821,000 after acquiring an additional 6,737 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 170.0% in the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock valued at $7,734,000 after acquiring an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% in the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock valued at $1,359,000 after acquiring an additional 7,363 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $58.80 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.37 and a twelve month high of $60.76. The business has a 50 day simple moving average of $59.19 and a 200-day simple moving average of $59.72.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.1935 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.