Gray Wealth Management Inc. Acquires 300 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Gray Wealth Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,360 shares of the company’s stock after buying an additional 300 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $318,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Anchor Investment Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $25,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at $31,000. Iron Horse Wealth Management LLC grew its holdings in 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 valued at $33,000 after purchasing an additional 200 shares during the period. First Manhattan CO. LLC. purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth about $42,000. Finally, BNP Paribas Arbitrage SA bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth about $44,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.3 %

Shares of VGIT stock traded down $0.15 during trading hours on Thursday, reaching $57.24. 1,716,260 shares of the company traded hands, compared to its average volume of 3,052,723. The firm has a 50-day moving average price of $58.22 and a 200 day moving average price of $58.13. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $56.07 and a 12-month high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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

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.