Cornerstone Planning LLC Takes $11.65 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Cornerstone Planning LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 194,228 shares of the company’s stock, valued at approximately $11,651,000. Vanguard Intermediate-Term Treasury ETF accounts for about 2.6% of Cornerstone Planning LLC’s holdings, making the stock its 6th largest holding.

A number of other institutional investors also recently bought and sold shares of VGIT. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% during the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after purchasing an additional 5,493,522 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Intermediate-Term Treasury ETF by 3.3% during the 4th quarter. Bank of America Corp DE now owns 51,409,296 shares of the company’s stock valued at $3,080,959,000 after purchasing an additional 1,647,700 shares during the last quarter. Morgan Stanley raised its position in Vanguard Intermediate-Term Treasury ETF by 14.0% in the 4th quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock worth $1,354,958,000 after purchasing an additional 2,778,949 shares during the period. SCS Capital Management LLC raised its position 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 worth $1,002,308,000 after purchasing an additional 1,805,448 shares during the period. Finally, Creative Planning lifted its stake in Vanguard Intermediate-Term Treasury ETF by 9.3% in the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock worth $987,910,000 after purchasing an additional 1,401,442 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $58.84 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76. The business has a 50 day simple moving average of $59.06 and a two-hundred day simple moving average of $59.61.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.1935 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is an increase 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.