Master S Wealth Management Inc. Makes New Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Master S Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 583,422 shares of the company’s stock, valued at approximately $34,964,000. Vanguard Intermediate-Term Treasury ETF makes up 12.6% of Master S Wealth Management Inc.’s investment portfolio, making the stock its 3rd largest holding. Master S Wealth Management Inc. owned about 0.10% of Vanguard Intermediate-Term Treasury ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in VGIT. Cobblestone Capital Advisors LLC NY lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 54.1% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 164,857 shares of the company’s stock worth $9,896,000 after acquiring an additional 57,875 shares during the period. Permanent Capital Management LP bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth approximately $42,071,000. Dakota Wealth Management lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 8.9% during the 3rd quarter. Dakota Wealth Management now owns 274,546 shares of the company’s stock worth $16,481,000 after acquiring an additional 22,452 shares during the period. Croban lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 50.2% during the 3rd quarter. Croban now owns 64,024 shares of the company’s stock worth $3,843,000 after acquiring an additional 21,388 shares during the period. Finally, CFS Investment Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 25.0% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 72,091 shares of the company’s stock worth $4,358,000 after acquiring an additional 14,421 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.2%

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $59.39 on Wednesday. The company has a 50 day moving average of $59.86 and a 200-day 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 company also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a dividend of $0.1959 per share. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.