Beacon Bank & Trust Has $25.83 Million Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Beacon Bank & Trust grew its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 20.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 433,764 shares of the company’s stock after purchasing an additional 74,690 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises about 5.3% of Beacon Bank & Trust’s portfolio, making the stock its 4th largest position. Beacon Bank & Trust’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $25,831,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGIT. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after buying an additional 5,493,522 shares during the period. Bank of America Corp DE raised its stake 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 worth $3,080,959,000 after buying an additional 1,647,700 shares during the period. Morgan Stanley lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 14.0% during the fourth quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock worth $1,354,958,000 after acquiring an additional 2,778,949 shares in the last quarter. SCS Capital Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 12.1% during the fourth quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock worth $1,002,308,000 after acquiring an additional 1,805,448 shares in the last quarter. Finally, Creative Planning grew 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 valued at $987,910,000 after acquiring an additional 1,401,442 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ:VGIT opened at $58.81 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76. The stock has a 50-day moving average price of $58.91 and a two-hundred day moving average price of $59.52.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1879 per share. The ex-dividend date was Wednesday, July 1st.

About Vanguard Intermediate-Term Treasury ETF

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.