Kovitz Investment Group Partners LLC Sells 888,009 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Kovitz Investment Group Partners LLC cut its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 84.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 168,785 shares of the company’s stock after selling 888,009 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $10,115,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in VGIT. Spire Wealth Management lifted its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% in the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares during the last quarter. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter valued at approximately $28,000. Gilpin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $30,000. Crewe Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $32,000. Finally, DT Investment Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth approximately $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.3%

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.84 on Friday. The stock’s fifty day moving average is $59.07 and its two-hundred day moving average is $59.61. 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 announced a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.1935 per share. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. 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.