Master S Wealth Management Inc. Invests $34.96 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

Master S Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 583,422 shares of the company’s stock, valued at approximately $34,964,000. Vanguard Intermediate-Term Treasury ETF comprises 12.6% of Master S Wealth Management Inc.’s holdings, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Spire Wealth Management lifted its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after purchasing an additional 398 shares during the last quarter. JPL Wealth Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at approximately $28,000. Crewe Advisors LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at approximately $32,000. Asset Dedication LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF by 707.3% in the 2nd quarter. Asset Dedication LLC now owns 662 shares of the company’s stock valued at $40,000 after purchasing an additional 580 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF by 128.2% in the 4th quarter. Capital Advisors Ltd. LLC now owns 712 shares of the company’s stock valued at $43,000 after purchasing an additional 400 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of NASDAQ:VGIT opened at $59.39 on Wednesday. The firm has a 50 day simple moving average of $59.86 and a 200 day simple moving average of $60.00. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.42 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.1959 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17.

Vanguard Intermediate-Term Treasury ETF Company Profile

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.