TMB Capital Partners LLC Buys New Shares in Vanguard Intermediate-Term Treasury ETF $VGIT

TMB Capital Partners LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 4th quarter, HoldingsChannel.com reports. The fund bought 15,264 shares of the company’s stock, valued at approximately $915,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management increased its holdings in shares of 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 purchasing an additional 398 shares during the period. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter worth about $28,000. Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $30,000. Crewe Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $32,000. Finally, DT Investment Partners LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.3%

Shares of NASDAQ:VGIT opened at $58.84 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.37 and a twelve month high of $60.76. The company’s 50 day moving average is $59.07 and its 200 day moving average is $59.61.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

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.