Oak Grove Capital LLC Makes New Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Oak Grove Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITFree Report) in the 4th quarter, HoldingsChannel reports. The firm bought 8,500 shares of the company’s stock, valued at approximately $509,000.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in Vanguard Intermediate-Term Treasury ETF by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after buying an additional 5,493,522 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.3% during the 4th quarter. Bank of America Corp DE now owns 51,409,296 shares of the company’s stock valued at $3,080,959,000 after buying an additional 1,647,700 shares during the period. Morgan Stanley boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 14.0% during the 4th quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock valued at $1,354,958,000 after buying an additional 2,778,949 shares during the period. SCS Capital Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 12.1% during the 4th quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after acquiring an additional 1,805,448 shares in the last quarter. Finally, Creative Planning increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 9.3% in the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock worth $987,910,000 after acquiring an additional 1,401,442 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.3%

NASDAQ VGIT opened at $58.84 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.37 and a 1-year high of $60.76. The firm’s fifty day simple moving average is $59.07 and its 200-day simple moving average is $59.61.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.1935 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a yield of 3.9%.

About Vanguard Intermediate-Term Treasury ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

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