Birchbrook Inc. Has $36.03 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Birchbrook Inc. grew its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 601,274 shares of the company’s stock after buying an additional 13,954 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises about 18.0% of Birchbrook Inc.’s investment portfolio, making the stock its largest position. Birchbrook Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $36,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% during the third 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 raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 9.3% during the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after acquiring an additional 1,401,442 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 12.0% during the third quarter. Focus Partners Wealth now owns 9,471,486 shares of the company’s stock valued at $569,278,000 after acquiring an additional 1,011,898 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 2.6% during the third quarter. Ameriprise Financial Inc. now owns 7,736,800 shares of the company’s stock valued at $464,165,000 after acquiring an additional 193,521 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 17.3% during the third quarter. Focus Partners Advisor Solutions LLC now owns 6,429,313 shares of the company’s stock valued at $385,952,000 after acquiring an additional 947,798 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.2%

Shares of NASDAQ:VGIT opened at $58.97 on Wednesday. The company has a 50-day moving average price of $59.53 and a 200-day moving average price of $59.88. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.60 and a 12 month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.1872 per share. The ex-dividend date was Friday, May 1st. 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.