163,589 Shares in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Bought by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, HoldingsChannel.com reports. The firm bought 163,589 shares of the company’s stock, valued at approximately $9,488,000. Vanguard Intermediate-Term Treasury Index ETF accounts for 2.7% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the second quarter worth $36,000. Lowe Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth about $43,000. Hobbs Group Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after buying an additional 310 shares during the last quarter. Marquette Asset Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth about $89,000. Finally, Semmax Financial Advisors Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at about $96,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.1 %

NASDAQ:VGIT opened at $57.47 on Wednesday. The stock’s 50-day simple moving average is $58.30 and its 200 day simple moving average is $59.11. 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 declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.1901 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Tuesday, December 24th.

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.