Oakworth Capital Inc. Acquires Shares of 449,051 Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Oakworth Capital Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 449,051 shares of the company’s stock, valued at approximately $26,638,000. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 2.1% of Oakworth Capital Inc.’s investment portfolio, making the stock its 14th largest holding. Oakworth Capital Inc. owned 0.12% of Vanguard Intermediate-Term Treasury Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Anchor Investment Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $25,000. First Financial Corp IN purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth $30,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth $31,000. Iron Horse Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.0% during the fourth quarter. Iron Horse Wealth Management LLC now owns 551 shares of the company’s stock worth $33,000 after acquiring an additional 200 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $42,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.3 %

Shares of NASDAQ:VGIT traded up $0.20 during trading on Wednesday, hitting $57.36. 1,153,139 shares of the company were exchanged, compared to its average volume of 3,063,685. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $56.07 and a 52-week high of $60.94. The stock has a 50 day moving average of $58.25 and a 200 day moving average of $58.14.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.1762 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.15.

About Vanguard Intermediate-Term Treasury Index ETF

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.