Cwm LLC Reduces Stake in Vanguard Intermediate-Term Treasury Index ETF

Cwm LLC has reduced its holdings in the Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 48.5% in the third quarter, as stated in their recent 13F filing with the Securities and Exchange Commission. After selling 77,455 shares during this period, Cwm LLC now owns 82,099 shares of the ETF, valued at approximately $4,960,000 as of the end of the latest reporting period.

Other institutional investors have also made significant adjustments to their positions in the Vanguard Intermediate-Term Treasury Index ETF. For instance, JPMorgan Chase & Co. increased its stake by a remarkable 322.8% in the first quarter, now holding 69,096,284 shares worth about $4,045,588,000 after acquiring an additional 52,754,036 shares. The Employees Retirement System of Texas exhibited an even more dramatic increase in its position during the second quarter, boosting its holdings by 126,282.4% to own 21,485,000 shares valued at $1,251,072,000 following the purchase of 21,468,000 shares. Similarly, Nepc LLC raised its stake by 40.5%, obtaining 6,248,596 shares worth $365,855,000. In addition, Cliftonlarsonallen Wealth Advisors LLC established a new position valued at about $54,902,000 during the first quarter. Creative Planning also augmented its holdings by 8.9% in the second quarter, now possessing 10,726,477 shares worth $624,603,000 after buying an additional 880,734 shares.

Recent Trading Activity for Vanguard Intermediate-Term Treasury Index ETF

As of the last trading session, Vanguard Intermediate-Term Treasury Index ETF opened at $59.40. The ETF has experienced a 52-week range with a low of $56.07 and a high of $60.82. The 50-day moving average price for the ETF is currently $60.13, while the 200-day moving average is $58.80, indicating a stable price trend.

Dividend Announcement

Recently, the Vanguard Intermediate-Term Treasury Index ETF announced a dividend payment made on September 5th, with the record date being September 3rd. Shareholders received a dividend of $0.1851, an increase from the previous dividend of $0.18. The ex-dividend date also fell on September 3rd, suggesting a steady growth in returns for the ETF’s investors.

About Vanguard Intermediate-Term Treasury Index ETF

The Vanguard Intermediate Term Government Bond ETF aims to replicate the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The fund employs a passive management strategy designed to track the performance of the Barclays Capital U.S. Treasury Bond Index.

In summary, Cwm LLC’s decision to reduce its stake in the Vanguard Intermediate-Term Treasury Index ETF highlights the ongoing strategic adjustments by institutional investors in response to market conditions. As the ETF continues to attract attention, it remains a critical component of many investment portfolios, particularly for those focused on government bonds.

Cwm, Shares, Vanguard