StrongBox Wealth LLC Reduces Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

StrongBox Wealth LLC decreased its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 51.7% in the fourth quarter, HoldingsChannel reports. The fund owned 84,325 shares of the company’s stock after selling 90,261 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 1.7% of StrongBox Wealth LLC’s portfolio, making the stock its 24th largest holding. StrongBox Wealth LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $5,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of VGIT. Spire Wealth Management grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after acquiring an additional 398 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at $28,000. Crewe Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at $32,000. Asset Dedication LLC grew its position 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 valued at $40,000 after acquiring an additional 580 shares during the period. Finally, YANKCOM Partnership grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 48.0% during the 4th quarter. YANKCOM Partnership now owns 758 shares of the company’s stock valued at $45,000 after acquiring an additional 246 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $59.28 on Tuesday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.42 and a 1 year high of $60.76. The firm has a fifty day moving average price of $59.87 and a 200-day moving average price of $60.01.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.1959 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 Wednesday, April 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17.

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.