Keb Asset Management LLC Increases Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Keb Asset Management LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 88.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,446 shares of the company’s stock after buying an additional 25,148 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises about 0.6% of Keb Asset Management LLC’s holdings, making the stock its 21st largest position. Keb Asset Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,203,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in Vanguard Intermediate-Term Treasury ETF by 7.9% during the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock valued at $2,987,189,000 after acquiring an additional 3,650,650 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard Intermediate-Term Treasury ETF by 9.3% in the 3rd quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after purchasing an additional 1,401,442 shares during the last quarter. Focus Partners Wealth increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 12.0% in the third quarter. Focus Partners Wealth now owns 9,471,486 shares of the company’s stock valued at $569,278,000 after purchasing an additional 1,011,898 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 2.6% in the third quarter. Ameriprise Financial Inc. now owns 7,736,800 shares of the company’s stock valued at $464,165,000 after purchasing an additional 193,521 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 8.4% during the third quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock worth $423,102,000 after purchasing an additional 546,515 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $59.41 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.42 and a one year high of $60.76. The firm has a fifty day moving average of $59.97 and a two-hundred day moving average of $60.08.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1746 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.