Ackerman Capital Advisors LLC Has $7 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Ackerman Capital Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 16.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 116,854 shares of the company’s stock after acquiring an additional 16,362 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises 1.4% of Ackerman Capital Advisors LLC’s portfolio, making the stock its 18th biggest holding. Ackerman Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $7,003,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VGIT. Bank of America Corp DE increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% during the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after acquiring an additional 3,650,650 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Vanguard Intermediate-Term Treasury ETF by 83.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after buying an additional 3,432,439 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 144.6% in the 2nd quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock valued at $336,108,000 after buying an additional 3,322,064 shares in the last quarter. SCS Capital Management LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 12.1% in the 4th quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after buying an additional 1,805,448 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV grew its holdings in Vanguard Intermediate-Term Treasury ETF by 46.3% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 5,495,265 shares of the company’s stock valued at $329,881,000 after buying an additional 1,737,909 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.4%

Shares of NASDAQ VGIT opened at $58.56 on Friday. The stock’s fifty day moving average price is $59.18 and its two-hundred day moving average price is $59.71. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1935 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

Vanguard Intermediate-Term Treasury ETF Profile

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.