Burkett Financial Services LLC Trims Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Burkett Financial Services LLC reduced its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 36.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,010 shares of the company’s stock after selling 39,694 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for 1.4% of Burkett Financial Services LLC’s investment portfolio, making the stock its 11th biggest holding. Burkett Financial Services LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth approximately $287,000. Geneos Wealth Management Inc. grew its position in Vanguard Intermediate-Term Treasury ETF by 85.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,132 shares of the company’s stock valued at $67,000 after buying an additional 521 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Vanguard Intermediate-Term Treasury ETF by 33.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 151,253 shares of the company’s stock valued at $9,046,000 after buying an additional 37,855 shares during the last quarter. Empowered Funds LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 6.6% in the 2nd quarter. Empowered Funds LLC now owns 237,361 shares of the company’s stock valued at $14,152,000 after buying an additional 14,718 shares during the period. Finally, MainStreet Investment Advisors LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 30.7% in the 2nd quarter. MainStreet Investment Advisors LLC now owns 238,389 shares of the company’s stock valued at $14,258,000 after buying an additional 55,983 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $59.88 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.42 and a one year high of $60.76. The firm has a fifty day moving average of $60.01 and a two-hundred day moving average of $60.09.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1746 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, March 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. 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.