Lowe Brockenbrough & Co. Inc. Raises Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Lowe Brockenbrough & Co. Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 22.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 184,427 shares of the company’s stock after purchasing an additional 33,632 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $11,143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VGIT. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 5.3% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,042 shares of the company’s stock valued at $19,441,000 after buying an additional 16,660 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.8% during the first quarter. Janney Montgomery Scott LLC now owns 64,511 shares of the company’s stock worth $3,777,000 after purchasing an additional 4,107 shares during the last quarter. Bryn Mawr Capital Management LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 60.7% during the first quarter. Bryn Mawr Capital Management LLC now owns 5,464 shares of the company’s stock worth $320,000 after purchasing an additional 2,064 shares in the last quarter. Graypoint LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.6% in the 1st quarter. Graypoint LLC now owns 32,564 shares of the company’s stock valued at $1,907,000 after purchasing an additional 2,292 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 49.4% in the 1st quarter. Baron Silver Stevens Financial Advisors LLC now owns 17,570 shares of the company’s stock valued at $1,029,000 after purchasing an additional 5,810 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.3 %

VGIT opened at $58.42 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $56.83 and a 52 week high of $60.82. The business’s 50 day moving average is $59.89 and its two-hundred day moving average is $58.92.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be issued a $0.1855 dividend. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.81%. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date is Friday, November 1st.

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.