Assetmark Inc. Buys 168,900 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Assetmark Inc. grew its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 2,100.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,940 shares of the company’s stock after purchasing an additional 168,900 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $10,262,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VGIT. Smithfield Trust Co lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 816.6% in the 4th quarter. Smithfield Trust Co now owns 36,253 shares of the company’s stock valued at $2,104,000 after purchasing an additional 32,298 shares during the period. Souders Financial Advisors raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 12.0% in the fourth quarter. Souders Financial Advisors now owns 141,698 shares of the company’s stock worth $8,218,000 after purchasing an additional 15,233 shares in the last quarter. Mayport LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 31.0% in the fourth quarter. Mayport LLC now owns 198,920 shares of the company’s stock worth $11,537,000 after purchasing an additional 47,035 shares in the last quarter. Disciplined Investments LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at $289,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $104,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

Shares of Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.88 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 company has a 50-day moving average of $58.26 and a 200 day moving average of $58.93.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

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.