Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Stake Raised by McAdam LLC

McAdam LLC raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,280 shares of the company’s stock after buying an additional 486 shares during the period. McAdam LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $657,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VGIT. Motco bought a new stake in Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth approximately $26,000. Fifth Third Bancorp lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd 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. Pacific Capital Wealth Advisors Inc. bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth about $29,000. Aspire Private Capital LLC raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after acquiring an additional 485 shares in the last quarter. Finally, GAMMA Investing LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at approximately $31,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT stock opened at $60.17 on Friday. The company has a 50-day moving average of $59.01 and a two-hundred day moving average of $58.36. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $56.07 and a 52-week high of $60.55.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.1847 per share. The ex-dividend date was Thursday, August 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. This represents a $2.22 dividend on an annualized basis and a dividend yield of 3.68%.

Vanguard Intermediate-Term Treasury Index ETF Company 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.