Montecito Bank & Trust Grows Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Montecito Bank & Trust grew its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITFree Report) by 15.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 101,298 shares of the company’s stock after buying an additional 13,275 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for about 1.0% of Montecito Bank & Trust’s portfolio, making the stock its 27th largest holding. Montecito Bank & Trust’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $6,032,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of VGIT. Corient Private Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after purchasing an additional 8,679,152 shares during the period. JPMorgan Chase & Co. grew its position 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 during the period. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 7.9% during the third quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock valued at $2,987,189,000 after buying an additional 3,650,650 shares during the period. Ameriprise Financial Inc. increased its holdings in Vanguard Intermediate-Term Treasury ETF by 83.5% in the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after buying an additional 3,432,439 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Vanguard Intermediate-Term Treasury ETF by 32.7% in the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after buying an additional 3,095,022 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.84 on Friday. The firm has a 50-day simple moving average of $59.06 and a two-hundred day simple moving average of $59.61. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $58.37 and a fifty-two week high of $60.76.

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 $0.1935 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a boost 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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