Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Position Boosted by Guidance Point Advisors LLC

Guidance Point Advisors LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 4.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,190 shares of the company’s stock after purchasing an additional 283 shares during the period. Guidance Point Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGIT. Strategic Financial Services Inc. raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 6,077.9% during the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock worth $112,562,000 after purchasing an additional 1,909,312 shares during the period. Blue Trust Inc. grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 44.2% during the 4th quarter. Blue Trust Inc. now owns 5,554,443 shares of the company’s stock valued at $322,158,000 after buying an additional 1,703,123 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth about $95,032,000. Valmark Advisers Inc. lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 134.4% in the fourth quarter. Valmark Advisers Inc. now owns 2,513,545 shares of the company’s stock worth $145,786,000 after acquiring an additional 1,441,121 shares during the last quarter. Finally, Empower Advisory Group LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.1% in the fourth quarter. Empower Advisory Group LLC now owns 17,071,797 shares of the company’s stock valued at $990,164,000 after acquiring an additional 1,283,764 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.1 %

NASDAQ:VGIT opened at $59.27 on Thursday. The stock has a 50 day moving average of $58.69 and a 200-day moving average of $58.78. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $57.03 and a 52 week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be paid a dividend of $0.1964 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.36 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Tuesday, April 1st.

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.