Benningfield Financial Advisors LLC Buys Shares of 38,787 Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Benningfield Financial Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 38,787 shares of the company’s stock, valued at approximately $2,250,000. Vanguard Intermediate-Term Treasury Index ETF comprises approximately 2.2% of Benningfield Financial Advisors LLC’s portfolio, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kestra Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $28,000. YANKCOM Partnership bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $30,000. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $40,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $43,000. Finally, Hobbs Group Advisors LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% in the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after purchasing an additional 310 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.4 %

Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.53 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82. The firm’s 50 day simple moving average is $58.06 and its 200 day simple moving average is $58.99.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1912 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Intermediate-Term Treasury Index ETF 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.