Avise Financial Cooperative Inc. Acquires New Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Avise Financial Cooperative Inc. acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 24,519 shares of the company’s stock, valued at approximately $1,469,000. Vanguard Intermediate-Term Treasury ETF comprises about 1.3% of Avise Financial Cooperative Inc.’s holdings, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VGIT. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 7.9% in 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 buying an additional 3,650,650 shares during the last quarter. Ameriprise Financial Inc. grew its position in Vanguard Intermediate-Term Treasury ETF by 83.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after buying an additional 3,432,439 shares during the last quarter. Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 144.6% in the 2nd quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock valued at $336,108,000 after buying an additional 3,322,064 shares during the last quarter. SCS Capital Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 12.1% in the fourth quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after acquiring an additional 1,805,448 shares during the period. Finally, Cambridge Associates LLC MA ADV lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 46.3% in the third quarter. Cambridge Associates LLC MA ADV now owns 5,495,265 shares of the company’s stock valued at $329,881,000 after acquiring an additional 1,737,909 shares during the period.

Vanguard Intermediate-Term Treasury ETF Price Performance

Vanguard Intermediate-Term Treasury ETF stock opened at $58.80 on Friday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76. The business has a fifty day moving average of $59.19 and a two-hundred day moving average of $59.72.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1935 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, June 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.