Salomon & Ludwin LLC Has $14.07 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT
by Doug Wharley · The Cerbat GemSalomon & Ludwin LLC raised its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT – Free Report) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 234,390 shares of the company’s stock after acquiring an additional 18,314 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up about 1.2% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 24th largest holding. Salomon & Ludwin LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $14,068,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in VGIT. Spire Wealth Management lifted its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% in the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after acquiring an additional 398 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at $28,000. Crewe Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $32,000. Capital Advisors Ltd. LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF by 128.2% in the fourth quarter. Capital Advisors Ltd. LLC now owns 712 shares of the company’s stock valued at $43,000 after acquiring an additional 400 shares during the last quarter. Finally, YANKCOM Partnership lifted its stake in Vanguard Intermediate-Term Treasury ETF by 48.0% in the fourth quarter. YANKCOM Partnership now owns 758 shares of the company’s stock valued at $45,000 after acquiring an additional 246 shares during the last quarter.
Vanguard Intermediate-Term Treasury ETF Trading Down 0.3%
Shares of VGIT stock opened at $59.52 on Wednesday. The company has a fifty day moving average price of $59.81 and a two-hundred day moving average price of $59.97. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.60 and a one year high of $60.76.
Vanguard Intermediate-Term Treasury ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were paid a $0.1959 dividend. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Wednesday, April 1st.
Vanguard Intermediate-Term Treasury ETF 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.
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