JPMorgan Chase & Co. Has $4.31 Billion Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

JPMorgan Chase & Co. trimmed its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 3.3% in the third quarter, Holdings Channel reports. The institutional investor owned 71,800,616 shares of the company’s stock after selling 2,485,316 shares during the period. JPMorgan Chase & Co. owned approximately 0.13% of Vanguard Intermediate-Term Treasury ETF worth $4,310,191,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Nemes Rush Group LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 703.1% during the 2nd quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after acquiring an additional 450 shares during the period. True Wealth Design LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 65.5% during the 2nd quarter. True Wealth Design LLC now owns 576 shares of the company’s stock valued at $34,000 after acquiring an additional 228 shares during the period. Financial Gravity Companies Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth $35,000. Asset Dedication LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% during the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock worth $40,000 after purchasing an additional 580 shares in the last quarter. Finally, Winthrop Capital Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the second quarter worth $46,000.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.3%

VGIT stock opened at $60.39 on Monday. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.10 and a 52 week high of $60.57. The business has a 50-day simple moving average of $59.92 and a 200 day simple moving average of $60.02.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.1913 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.