Brookstone Capital Management Has $3.64 Million Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Brookstone Capital Management raised its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 77.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,197 shares of the company’s stock after buying an additional 26,618 shares during the period. Brookstone Capital Management’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,644,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VGIT. Spire Wealth Management boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after purchasing an additional 398 shares in the last quarter. First Community Trust NA bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter valued at $27,000. JPL Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at $28,000. Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $30,000. Finally, Crewe Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.4%

Shares of VGIT stock opened at $59.00 on Thursday. The business’s 50 day simple moving average is $59.02 and its 200 day simple moving average is $59.57. 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 announced 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. 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 yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.