United Wealth Management LLC Invests $20.16 Million in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

United Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 347,561 shares of the company’s stock, valued at approximately $20,159,000. Vanguard Intermediate-Term Treasury Index ETF accounts for 6.8% of United Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. United Wealth Management LLC owned about 0.07% of Vanguard Intermediate-Term Treasury Index ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Principal Financial Group Inc. acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth about $200,000. Assetmark Inc. lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 21.7% during the 3rd quarter. Assetmark Inc. now owns 8,040 shares of the company’s stock worth $486,000 after acquiring an additional 1,436 shares in the last quarter. OneDigital Investment Advisors LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 18.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 49,171 shares of the company’s stock valued at $2,971,000 after purchasing an additional 7,538 shares in the last quarter. Squire Investment Management Company LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 27.5% in the 3rd quarter. Squire Investment Management Company LLC now owns 116,298 shares of the company’s stock valued at $7,027,000 after purchasing an additional 25,063 shares in the last quarter. Finally, Evolution Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 28.1% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 11,452 shares of the company’s stock valued at $692,000 after purchasing an additional 2,513 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.3 %

VGIT stock opened at $58.92 on Friday. The business’s 50-day moving average is $58.36 and its two-hundred day moving average is $58.89. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $57.03 and a 1 year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1731 dividend. The ex-dividend date was Monday, March 3rd.

Vanguard Intermediate-Term Treasury Index 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.