Baker Avenue Asset Management LP Takes Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Baker Avenue Asset Management LP bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 5,048 shares of the company’s stock, valued at approximately $305,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 322.8% during the first quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after purchasing an additional 52,754,036 shares in the last quarter. Employees Retirement System of Texas raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock worth $1,251,072,000 after acquiring an additional 21,468,000 shares in the last quarter. Creative Planning lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 7.8% in the third quarter. Creative Planning now owns 11,557,959 shares of the company’s stock valued at $698,332,000 after acquiring an additional 831,482 shares during the last quarter. Nepc LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 40.5% in the first quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock valued at $365,855,000 after acquiring an additional 1,802,367 shares in the last quarter. Finally, Mather Group LLC. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 10.6% during the second quarter. Mather Group LLC. now owns 4,136,910 shares of the company’s stock worth $242,216,000 after purchasing an additional 395,262 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.46 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $56.83 and a fifty-two week high of $60.82. The stock has a 50-day simple moving average of $59.74 and a 200-day simple moving average of $58.99.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.1855 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a dividend yield of 3.81%. The ex-dividend date was Friday, November 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.