Savvy Advisors Inc. Sells 8,550 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Savvy Advisors Inc. reduced its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 47.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,535 shares of the company’s stock after selling 8,550 shares during the quarter. Savvy Advisors Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $571,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in VGIT. Spire Wealth Management boosted its stake 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 buying an additional 398 shares during the period. JPL Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter valued at approximately $28,000. Crewe Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $32,000. Asset Dedication LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 707.3% in the second quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after buying an additional 580 shares during the period. Finally, YANKCOM Partnership boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 48.0% in the fourth quarter. YANKCOM Partnership now owns 758 shares of the company’s stock valued at $45,000 after buying an additional 246 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.2%

Shares of VGIT stock opened at $59.49 on Thursday. The stock has a 50 day simple moving average of $59.86 and a 200 day simple moving average of $60.00. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.42 and a 1 year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.1959 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date was Wednesday, April 1st.

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.