Transform Wealth LLC Decreases Stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Transform Wealth LLC reduced its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 22.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,195 shares of the company’s stock after selling 13,133 shares during the period. Transform Wealth LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $2,685,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VGIT. Bank of America Corp DE lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 25.9% in the fourth quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock worth $3,715,989,000 after buying an additional 13,198,415 shares in the last quarter. Strategic Financial Services Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 6,077.9% in the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock worth $112,562,000 after buying an additional 1,909,312 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 44.2% in the fourth quarter. Blue Trust Inc. now owns 5,554,443 shares of the company’s stock worth $322,158,000 after buying an additional 1,703,123 shares in the last quarter. State of Tennessee Department of Treasury purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $96,662,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $95,032,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.1%

NASDAQ:VGIT opened at $58.85 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $57.40 and a 12 month high of $60.82. The business’s 50-day moving average is $59.13 and its 200 day moving average is $58.72.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.194 per share. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, June 2nd.

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.