Private Wealth Management Group LLC Purchases 13,338 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Private Wealth Management Group LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 305,908 shares of the company’s stock after purchasing an additional 13,338 shares during the period. Vanguard Intermediate-Term Treasury Index ETF makes up approximately 7.3% of Private Wealth Management Group LLC’s investment portfolio, making the stock its 2nd biggest position. Private Wealth Management Group LLC owned 0.06% of Vanguard Intermediate-Term Treasury Index ETF worth $18,483,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VGIT. Gladstone Institutional Advisory LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 4.7% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock worth $235,000 after purchasing an additional 176 shares in the last quarter. Angeles Wealth Management LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 7.9% during the 2nd quarter. Angeles Wealth Management LLC now owns 2,489 shares of the company’s stock worth $145,000 after acquiring an additional 182 shares during the last quarter. Fifth Third Bancorp increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Pineridge Advisors LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 21.2% in the second quarter. Pineridge Advisors LLC now owns 1,182 shares of the company’s stock valued at $69,000 after purchasing an additional 207 shares during the last quarter. Finally, Whitcomb & Hess Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 0.6% during the second quarter. Whitcomb & Hess Inc. now owns 34,007 shares of the company’s stock valued at $1,980,000 after purchasing an additional 219 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGIT traded down $0.19 during midday trading on Friday, hitting $58.42. 1,915,778 shares of the stock were exchanged, compared to its average volume of 2,540,377. The business’s 50-day moving average price is $59.89 and its 200 day moving average price is $58.93. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $56.83 and a 12 month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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