Northwestern Mutual Wealth Management Co. Has $4.52 Million Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Northwestern Mutual Wealth Management Co. trimmed its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 12.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,456 shares of the company’s stock after selling 10,455 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,522,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. SkyOak Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 31.7% in the fourth quarter. SkyOak Wealth LLC now owns 20,724 shares of the company’s stock valued at $1,242,000 after buying an additional 4,987 shares during the last quarter. BluePrint Investing LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $6,837,000. Cornerstone Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 13.5% in the fourth quarter. Cornerstone Wealth Management LLC now owns 16,469 shares of the company’s stock valued at $987,000 after buying an additional 1,960 shares during the last quarter. Simmons Bank acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $218,000. Finally, HighMark Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth approximately $33,000.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.0%

Shares of NASDAQ VGIT opened at $58.73 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’s 50 day moving average is $59.32 and its 200-day moving average is $59.80.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.1872 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.