BlueSky Wealth Advisors LLC Purchases New Position in Vanguard Intermediate-Term Treasury ETF $VGIT

BlueSky Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 1st quarter, HoldingsChannel reports. The firm purchased 781,385 shares of the company’s stock, valued at approximately $46,531,000. Vanguard Intermediate-Term Treasury ETF comprises approximately 6.0% of BlueSky Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding.

Other large investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC raised its holdings in Vanguard Intermediate-Term Treasury ETF by 287.7% during the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after buying an additional 8,679,152 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Treasury ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after buying an additional 5,493,522 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Intermediate-Term Treasury ETF by 7.9% during the third quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after buying an additional 3,650,650 shares during the period. Ameriprise Financial Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 83.5% during the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after buying an additional 3,432,439 shares during the period. Finally, Focus Partners Wealth boosted its stake in Vanguard Intermediate-Term Treasury ETF by 32.7% during the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock worth $753,111,000 after buying an additional 3,095,022 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $58.84 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.37 and a twelve month high of $60.76. The firm’s fifty day simple moving average is $59.06 and its two-hundred day simple moving average is $59.61.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.