Apollon Wealth Management LLC Increases Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Apollon Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 469.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 917,728 shares of the company’s stock after buying an additional 756,702 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 0.9% of Apollon Wealth Management LLC’s holdings, making the stock its 22nd largest position. Apollon Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $54,651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth $287,000. Geneos Wealth Management Inc. lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 85.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after acquiring an additional 521 shares during the period. Cresset Asset Management LLC boosted its position in Vanguard Intermediate-Term Treasury ETF by 96.4% in the second quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock worth $821,000 after purchasing an additional 6,737 shares during the last quarter. NewEdge Advisors LLC boosted its position in Vanguard Intermediate-Term Treasury ETF by 170.0% in the second quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock worth $7,734,000 after purchasing an additional 81,409 shares during the last quarter. Finally, Diversify Advisory Services LLC grew its stake in shares of Vanguard Intermediate-Term Treasury ETF by 47.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 22,791 shares of the company’s stock valued at $1,359,000 after purchasing an additional 7,363 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Vanguard Intermediate-Term Treasury ETF stock opened at $59.16 on Monday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.37 and a 52-week high of $60.76. The business has a 50-day simple moving average of $59.00 and a two-hundred day simple moving average of $59.56.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

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.