Vanguard Intermediate-Term Treasury ETF $VGIT is JDH Wealth Management LLC’s 10th Largest Position

JDH Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 14.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 96,963 shares of the company’s stock after acquiring an additional 11,946 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 3.9% of JDH Wealth Management LLC’s holdings, making the stock its 10th biggest position. JDH Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $5,774,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the fourth quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock worth $700,917,000 after purchasing an additional 8,679,152 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 7.7% during the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after purchasing an additional 5,493,522 shares in the last quarter. Bank of America Corp DE boosted its stake in Vanguard Intermediate-Term Treasury ETF by 7.9% in the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after purchasing an additional 3,650,650 shares during the period. Ameriprise Financial Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 83.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after purchasing an additional 3,432,439 shares during the period. Finally, Focus Partners Wealth grew its holdings in Vanguard Intermediate-Term Treasury ETF by 32.7% during the 4th 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 Price Performance

VGIT stock opened at $58.84 on Friday. The stock 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 twelve month low of $58.37 and a twelve month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a $0.1935 dividend. 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. The ex-dividend date was Monday, June 1st.

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.