Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) is Nova R Wealth Inc.’s 2nd Largest Position

Nova R Wealth Inc. reduced its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 13.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 308,662 shares of the company’s stock after selling 49,007 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up 9.1% of Nova R Wealth Inc.’s investment portfolio, making the stock its 2nd largest position. Nova R Wealth Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $18,335,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 1,071.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 445 shares of the company’s stock valued at $26,000 after buying an additional 407 shares during the last quarter. Tompkins Financial Corp acquired a new position in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at $30,000. Spire Wealth Management boosted its stake in Vanguard Intermediate-Term Treasury ETF by 63.7% in the first quarter. Spire Wealth Management now owns 668 shares of the company’s stock valued at $40,000 after acquiring an additional 260 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter worth about $50,000. Finally, Fairway Wealth LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth about $51,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Vanguard Intermediate-Term Treasury ETF stock opened at $59.60 on Thursday. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $57.40 and a fifty-two week high of $60.82. The stock has a 50-day simple moving average of $59.14 and a 200-day simple moving average of $58.75.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

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.