Cardinal Point Capital Management ULC Has $67.91 Million Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Cardinal Point Capital Management ULC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,140,442 shares of the company’s stock after buying an additional 52,401 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises 4.2% of Cardinal Point Capital Management ULC’s portfolio, making the stock its 4th largest position. Cardinal Point Capital Management ULC owned approximately 0.17% of Vanguard Intermediate-Term Treasury ETF worth $67,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Spire Wealth Management boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after buying an additional 398 shares in the last quarter. First Community Trust NA bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter worth about $27,000. JPL Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $28,000. Gilpin Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at about $30,000. Finally, Crewe Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $32,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT opened at $59.00 on Thursday. The business’s 50 day moving average price is $59.02 and its 200-day moving average price is $59.57. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.37 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.1935 dividend. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date 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.