Gerber Kawasaki Wealth & Investment Management Takes Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 26,993 shares of the company’s stock, valued at approximately $1,566,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 71,703,173 shares of the company’s stock worth $4,332,306,000 after acquiring an additional 313,398 shares during the last quarter. Empower Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.1% during the fourth quarter. Empower Advisory Group LLC now owns 17,071,797 shares of the company’s stock worth $990,164,000 after purchasing an additional 1,283,764 shares in the last quarter. SCS Capital Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 5.4% in the 4th quarter. SCS Capital Management LLC now owns 10,505,245 shares of the company’s stock valued at $609,304,000 after buying an additional 540,916 shares during the period. RWA Wealth Partners LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.5% in the 4th quarter. RWA Wealth Partners LLC now owns 8,642,884 shares of the company’s stock valued at $501,287,000 after buying an additional 206,738 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 1.2% during the 4th quarter. Fisher Asset Management LLC now owns 6,471,976 shares of the company’s stock worth $375,375,000 after buying an additional 74,175 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.3 %

NASDAQ VGIT opened at $59.50 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82. The stock’s 50-day moving average is $59.09 and its 200-day moving average is $58.65.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.1964 dividend. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.36 annualized dividend and a yield of 3.96%.

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.