Cornerstone Financial Management LLC Takes Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Cornerstone Financial Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 83,590 shares of the company’s stock, valued at approximately $5,010,000. Vanguard Intermediate-Term Treasury ETF comprises approximately 4.7% of Cornerstone Financial Management LLC’s investment portfolio, making the stock its 4th largest position.

Several other institutional investors have also modified their holdings of the stock. Arax Advisory Partners bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at approximately $1,468,000. Brown Advisory Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 100.9% during the 4th quarter. Brown Advisory Inc. now owns 247,839 shares of the company’s stock worth $14,853,000 after acquiring an additional 124,470 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 10,047 shares of the company’s stock worth $602,000 after acquiring an additional 293 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth approximately $7,535,000. Finally, CreativeOne Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 9.1% during the 4th quarter. CreativeOne Wealth LLC now owns 56,302 shares of the company’s stock worth $3,374,000 after acquiring an additional 4,696 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $58.82 on Friday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.37 and a 52-week high of $60.76. The stock has a 50 day moving average price of $59.11 and a 200 day moving average price of $59.66.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

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

Vanguard Intermediate-Term Treasury ETF Company Profile

(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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