Arax Advisory Partners Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Arax Advisory Partners bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,499 shares of the company’s stock, valued at approximately $1,468,000.

A number of other institutional investors have also recently added to or reduced their stakes in VGIT. Brighton Jones LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $287,000. Geneos Wealth Management Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 85.3% during the first 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. Cresset Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 96.4% during the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after buying an additional 6,737 shares in the last quarter. NewEdge Advisors LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 170.0% during the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock worth $7,734,000 after acquiring an additional 81,409 shares during the last quarter. Finally, Diversify Advisory Services LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 47.7% during the second quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock worth $1,359,000 after acquiring an additional 7,363 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT opened at $58.88 on Tuesday. The company has a 50-day moving average of $59.10 and a two-hundred day moving average of $59.65. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month 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. Stockholders of record on Monday, June 1st were given a $0.1935 dividend. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Treasury ETF Company 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.