Cornerstone Wealth Advisors Inc. Buys 2,885 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Cornerstone Wealth Advisors Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,235 shares of the company’s stock after buying an additional 2,885 shares during the period. Vanguard Intermediate-Term Treasury Index ETF makes up about 0.6% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 21st largest position. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,102,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Silver Oak Advisory Group Inc. increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 1.1% during the third quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock worth $963,000 after buying an additional 171 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock valued at $235,000 after acquiring an additional 176 shares during the period. Hill Investment Group Partners LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 2.4% during the third quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock valued at $461,000 after purchasing an additional 187 shares during the last quarter. Sound Income Strategies LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 13.4% during the fourth quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock valued at $99,000 after purchasing an additional 202 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 2.8% during the third quarter. Chicago Partners Investment Group LLC now owns 8,450 shares of the company’s stock valued at $499,000 after purchasing an additional 233 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT stock opened at $58.06 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82. The company’s 50 day moving average price is $58.24 and its two-hundred day moving average price is $59.09.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.1901 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Tuesday, December 24th.

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.