Focus Partners Advisor Solutions LLC Trims Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Focus Partners Advisor Solutions LLC reduced its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 71.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,822,246 shares of the company’s stock after selling 4,607,067 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for about 1.3% of Focus Partners Advisor Solutions LLC’s holdings, making the stock its 15th biggest holding. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $109,207,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VGIT. Spire Wealth Management lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after purchasing an additional 398 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at approximately $28,000. Crewe Advisors LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $32,000. DT Investment Partners LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $32,000. Finally, HighMark Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $33,000.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

VGIT opened at $58.53 on Tuesday. The business has a 50 day moving average price of $59.17 and a two-hundred day moving average price of $59.70. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.37 and a 52 week high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.1935 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.