Pines Wealth Management LLC Sells 5,078 Shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Pines Wealth Management LLC lowered its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 28.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,731 shares of the company’s stock after selling 5,078 shares during the period. Pines Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $755,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Middleton & Co. Inc. MA boosted its position in Vanguard Intermediate-Term Treasury ETF by 51.0% during the fourth quarter. Middleton & Co. Inc. MA now owns 76,280 shares of the company’s stock valued at $4,424,000 after buying an additional 25,750 shares during the period. Opus Capital Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 6.7% during the 4th quarter. Opus Capital Group LLC now owns 755,258 shares of the company’s stock valued at $43,805,000 after acquiring an additional 47,492 shares during the period. Vanguard Group Inc. grew its position in Vanguard Intermediate-Term Treasury ETF by 20.4% during the 4th quarter. Vanguard Group Inc. now owns 525,367 shares of the company’s stock worth $30,471,000 after acquiring an additional 88,986 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its position in Vanguard Intermediate-Term Treasury ETF by 11.7% during the 4th quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 109,673 shares of the company’s stock worth $6,361,000 after acquiring an additional 11,515 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in 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 worth $26,000 after purchasing an additional 407 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.6%

Shares of VGIT stock opened at $58.71 on Friday. 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 moving average price of $59.16 and a two-hundred day moving average price of $58.71.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a dividend of $0.194 per share. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17. The ex-dividend date 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.