Miracle Mile Advisors LLC Raises Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Miracle Mile Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 155.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,900 shares of the company’s stock after buying an additional 10,287 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% during the first quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after acquiring an additional 52,754,036 shares during the last quarter. RWA Wealth Partners LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 2.1% during the 1st quarter. RWA Wealth Partners LLC now owns 8,672,630 shares of the company’s stock valued at $507,782,000 after purchasing an additional 177,042 shares in the last quarter. Creative Planning increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.9% during the 4th quarter. Creative Planning now owns 8,247,170 shares of the company’s stock valued at $489,222,000 after purchasing an additional 674,437 shares in the last quarter. Nepc LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 40.5% in the first quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock worth $365,855,000 after buying an additional 1,802,367 shares during the last quarter. Finally, Buckingham Strategic Wealth LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 13.1% during the fourth quarter. Buckingham Strategic Wealth LLC now owns 5,311,874 shares of the company’s stock worth $315,100,000 after buying an additional 613,932 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ VGIT traded up $0.09 during mid-day trading on Friday, hitting $59.81. The stock had a trading volume of 1,290,318 shares, compared to its average volume of 2,493,224. The company has a 50 day moving average of $58.83 and a two-hundred day moving average of $58.33. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.55.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.1847 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. This represents a $2.22 dividend on an annualized basis and a dividend yield of 3.71%.

Vanguard Intermediate-Term Treasury Index 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.