Miracle Mile Advisors LLC Trims Stock Holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Miracle Mile Advisors LLC decreased its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 47.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,496 shares of the company’s stock after selling 4,929 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $326,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VGIT. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 25.9% in the fourth quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock valued at $3,715,989,000 after acquiring an additional 13,198,415 shares during the period. Strategic Financial Services Inc. boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 6,077.9% in the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock valued at $112,562,000 after acquiring an additional 1,909,312 shares during the period. Blue Trust Inc. boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 44.2% in the fourth quarter. Blue Trust Inc. now owns 5,554,443 shares of the company’s stock valued at $322,158,000 after acquiring an additional 1,703,123 shares during the period. State of Tennessee Department of Treasury bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $96,662,000. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at approximately $95,032,000.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.1%

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.85 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $57.40 and a 1 year high of $60.82. The company has a 50 day simple moving average of $59.13 and a two-hundred day simple moving average of $58.72.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.194 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17.

About Vanguard Intermediate-Term Treasury ETF

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.