NerdWallet Wealth Partners LLC Takes $655,000 Position in Vanguard Intermediate-Term Treasury ETF $VGIT

NerdWallet Wealth Partners LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the third quarter, according to its most recent filing with the SEC. The fund bought 10,916 shares of the company’s stock, valued at approximately $655,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGIT. Nemes Rush Group LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 703.1% during the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after buying an additional 450 shares during the last quarter. True Wealth Design LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 65.5% in the second quarter. True Wealth Design LLC now owns 576 shares of the company’s stock valued at $34,000 after acquiring an additional 228 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in Vanguard Intermediate-Term Treasury ETF in the second quarter valued at about $35,000. Asset Dedication LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% during the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after acquiring an additional 580 shares during the period. Finally, Winthrop Capital Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter valued at approximately $46,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $60.00 on Monday. The company has a 50 day moving average of $60.04 and a 200-day moving average of $60.09. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.42 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1746 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.