SCS Capital Management LLC Has $1 Billion Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

SCS Capital Management LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 12.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,724,645 shares of the company’s stock after buying an additional 1,805,448 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for 10.6% of SCS Capital Management LLC’s investment portfolio, making the stock its largest holding. SCS Capital Management LLC owned 2.75% of Vanguard Intermediate-Term Treasury ETF worth $1,002,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of VGIT. Brighton Jones LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at $287,000. Geneos Wealth Management Inc. grew its stake in Vanguard Intermediate-Term Treasury ETF by 85.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after purchasing an additional 521 shares during the period. Cresset Asset Management LLC grew its stake in Vanguard Intermediate-Term Treasury ETF by 96.4% in the 2nd quarter. Cresset Asset Management LLC now owns 13,723 shares of the company’s stock valued at $821,000 after purchasing an additional 6,737 shares during the period. NewEdge Advisors LLC grew its stake in Vanguard Intermediate-Term Treasury ETF by 170.0% in the 2nd quarter. NewEdge Advisors LLC now owns 129,303 shares of the company’s stock valued at $7,734,000 after purchasing an additional 81,409 shares during the period. Finally, Diversify Advisory Services LLC grew its stake in Vanguard Intermediate-Term Treasury ETF by 47.7% in 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

Shares of NASDAQ:VGIT opened at $59.09 on Monday. The business has a fifty day moving average price of $59.24 and a two-hundred day moving average price of $59.76. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.37 and a 1 year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

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

Vanguard Intermediate-Term Treasury ETF Profile

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.