Burkett Financial Services LLC Reduces Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Burkett Financial Services LLC trimmed its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 36.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,010 shares of the company’s stock after selling 39,694 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for about 1.4% of Burkett Financial Services LLC’s holdings, making the stock its 11th largest holding. Burkett Financial Services LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VGIT. JPL Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $28,000. Nemes Rush Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 703.1% in the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock valued at $31,000 after purchasing an additional 450 shares in the last quarter. Asset Dedication LLC increased its stake in 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 purchasing an additional 580 shares during the last quarter. Activest Wealth Management purchased a new position in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at approximately $47,000. Finally, Thompson Investment Management Inc. purchased a new position in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at approximately $51,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $59.88 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.42 and a twelve month high of $60.76. The firm has a 50 day simple moving average of $60.01 and a 200-day simple moving average of $60.09.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1746 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.