Seaside Wealth Management Inc. Increases Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Seaside Wealth Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 11.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,133 shares of the company’s stock after purchasing an additional 15,548 shares during the period. Vanguard Intermediate-Term Treasury Index ETF comprises about 3.6% of Seaside Wealth Management Inc.’s portfolio, making the stock its 6th largest holding. Seaside Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $8,801,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. United Community Bank boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.2% in the 4th quarter. United Community Bank now owns 5,901 shares of the company’s stock valued at $350,000 after buying an additional 181 shares during the period. Angeles Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.9% during the second quarter. Angeles Wealth Management LLC now owns 2,489 shares of the company’s stock valued at $145,000 after purchasing an additional 182 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares during the last quarter. Pineridge Advisors LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.2% during the 2nd quarter. Pineridge Advisors LLC now owns 1,182 shares of the company’s stock worth $69,000 after purchasing an additional 207 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.6% in the 4th quarter. US Bancorp DE now owns 14,053 shares of the company’s stock worth $834,000 after purchasing an additional 219 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

NASDAQ:VGIT opened at $60.64 on Thursday. The business has a 50 day simple moving average of $59.52 and a 200 day simple moving average of $58.53. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $56.07 and a 12-month high of $60.79.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1851 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.