FSC Wealth Advisors LLC Buys 14,562 Shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

FSC Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 54.4% during the first quarter, Holdings Channel.com reports. The firm owned 41,314 shares of the company’s stock after purchasing an additional 14,562 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 1.6% of FSC Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position. FSC Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $2,454,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in VGIT. Bank of America Corp DE boosted its position in Vanguard Intermediate-Term Treasury ETF by 25.9% during the fourth quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock valued at $3,715,989,000 after purchasing an additional 13,198,415 shares in the last quarter. Strategic Financial Services Inc. raised its stake in Vanguard Intermediate-Term Treasury ETF by 6,077.9% in the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock valued at $112,562,000 after buying an additional 1,909,312 shares during the last quarter. State of Tennessee Department of Treasury purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $96,662,000. Raymond James Financial Inc. purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $95,032,000. Finally, Permanent Capital Management LP purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $62,941,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.1%

Vanguard Intermediate-Term Treasury ETF stock opened at $59.25 on Friday. The stock has a 50-day moving average of $59.12 and a two-hundred day moving average of $58.73. Vanguard Intermediate-Term Treasury ETF has a one year low of $57.40 and a one year high of $60.82.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.194 dividend. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17.

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.