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

Cwm LLC has significantly reduced its investment in the Vanguard Intermediate-Term Treasury Index ETF (NASDAQ: VGIT) by 48.5% during the third quarter, as reported in the firm's latest 13F filing with the Securities and Exchange Commission (SEC). Following this sale, Cwm LLC now holds 82,099 shares of VGIT after divesting 77,455 shares in the recent quarter. At the conclusion of this reporting period, Cwm LLC's holdings in VGIT were valued at approximately $4,960,000.

In addition to Cwm LLC's adjustments, other institutional investors have also made notable changes to their positions in VGIT. For instance, JPMorgan Chase & Co. increased its ownership stake by a staggering 322.8% in the first quarter, bringing their total to 69,096,284 shares worth around $4,045,588,000. They achieved this after acquiring an extra 52,754,036 shares in the last quarter alone.

Furthermore, the Employees Retirement System of Texas had an extraordinary uptick in its positioning during the second quarter, increasing its stake by an extraordinary 126,282.4%. They now hold 21,485,000 shares valued at about $1,251,072,000, following the purchase of 21,468,000 additional shares. Nepc LLC and Cliftonlarsonallen Wealth Advisors LLC also made their mark, with Nepc increasing their stake by 40.5% in the first quarter and Cliftonlarsonallen initiating a new position worth roughly $54,902,000.

Creative Planning also augmented its holdings in VGIT by 8.9% in the second quarter, boosting their investment to a total of 10,726,477 shares which are worth approximately $624,603,000 after adding 880,734 shares.

Current Trading Performance and Dividends

The Vanguard Intermediate-Term Treasury Index ETF is currently trading at $59.40, showing a slight increase of 0.1%. The ETF has experienced variances in its 52-week trading range, with a low of $56.07 and a high of $60.82. The average prices over the past 50 days and 200 days stand at $60.13 and $58.80, respectively.

Recent Dividend Announcement

Recently, the Vanguard Intermediate-Term Treasury Index ETF announced an increase in its dividend, which was disbursed on September 5. Shareholders who held shares on September 3 received a dividend payout of $0.1851, up from the previous distribution of $0.18. The ex-dividend date for this payment was also September 3.

Company Overview

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

Cwm, VGIT, Shares