Vanguard Intermediate-Term Treasury ETF $VGIT is Hanson & Doremus Investment Management’s 2nd Largest Position

Hanson & Doremus Investment Management lifted its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,183,781 shares of the company’s stock after buying an additional 66,256 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up approximately 8.1% of Hanson & Doremus Investment Management’s holdings, making the stock its 2nd largest holding. Hanson & Doremus Investment Management owned about 0.17% of Vanguard Intermediate-Term Treasury ETF worth $70,494,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Exencial Wealth Advisors LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 3.3% during the 4th quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock worth $343,000 after acquiring an additional 181 shares during the last quarter. Joel Adams & Associates Inc. lifted its position in Vanguard Intermediate-Term Treasury ETF by 2.8% in the fourth quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock valued at $419,000 after purchasing an additional 192 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock valued at $1,070,000 after purchasing an additional 194 shares during the period. Sachem Hill LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% during the fourth quarter. Sachem Hill LLC now owns 5,573 shares of the company’s stock valued at $334,000 after purchasing an additional 199 shares during the period. Finally, Sunflower Bank N.A. grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% in the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after purchasing an additional 202 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.69 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.37 and a 52-week high of $60.76. The company’s 50 day moving average price is $59.04 and its 200-day moving average price is $59.59.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1935 per share. This represents a c) annualized dividend and a yield of 4.0%. 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.

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.