CGN Advisors LLC Invests $1.90 Million in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

CGN Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 32,676 shares of the company’s stock, valued at approximately $1,895,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lowe Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth about $43,000. Hobbs Group Advisors LLC increased 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 purchasing an additional 310 shares during the last quarter. Marquette Asset Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $89,000. Semmax Financial Advisors Inc. purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at approximately $96,000. Finally, Compagnie Lombard Odier SCmA bought a new position in Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at $101,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.01 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82. The stock’s 50-day simple moving average is $58.27 and its 200 day simple moving average is $59.10.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.1901 dividend. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

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.