Birchbrook Inc. Decreases Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Birchbrook Inc. lowered its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 2.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 571,005 shares of the company’s stock after selling 15,487 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for 15.8% of Birchbrook Inc.’s investment portfolio, making the stock its biggest position. Birchbrook Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $33,678,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth $287,000. Geneos Wealth Management Inc. increased its stake 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 last quarter. Cresset Asset Management LLC increased its stake 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 valued at $821,000 after acquiring an additional 6,737 shares during the last quarter. NewEdge Advisors LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 170.0% during the second 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 in the last quarter. Finally, Diversify Advisory Services LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 47.7% during the second 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 in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.2%

Shares of VGIT stock opened at $58.42 on Friday. The business has a 50-day moving average price of $58.65 and a two-hundred day moving average price of $59.27. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.17 and a 12-month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a dividend of $0.1945 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, August 3rd.

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.