20,894 Shares in Vanguard Intermediate-Term Treasury ETF $VGIT Acquired by Nolet Wealth Management LLC

Nolet Wealth Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,894 shares of the company’s stock, valued at approximately $1,252,000. Vanguard Intermediate-Term Treasury ETF accounts for about 0.7% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 24th largest position.

Other hedge funds have also added to or reduced their stakes in the company. Spire Wealth Management boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after buying an additional 398 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter worth $28,000. Gilpin Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $30,000. Crewe Advisors LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at $32,000. Finally, DT Investment Partners LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $32,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $58.84 on Friday. The business’s 50-day moving average is $59.07 and its two-hundred day moving average is $59.61. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $58.37 and a fifty-two week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

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.