Seven Mile Advisory Has $14.81 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Seven Mile Advisory raised its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 247,037 shares of the company’s stock after acquiring an additional 18,737 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 2.5% of Seven Mile Advisory’s investment portfolio, making the stock its 11th largest holding. Seven Mile Advisory’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $14,805,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Spire Wealth Management lifted its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% in the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after acquiring an additional 398 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at $28,000. Gilpin Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $30,000. Crewe Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $32,000. Finally, DT Investment Partners LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $58.82 on Monday. The company has a fifty day moving average price of $59.11 and a two-hundred day moving average price of $59.66. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

Vanguard Intermediate-Term Treasury ETF Company 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.