Traphagen Investment Advisors LLC Increases Stock Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Traphagen Investment Advisors LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 6.5% in the third quarter, HoldingsChannel reports. The fund owned 596,947 shares of the company’s stock after buying an additional 36,392 shares during the period. Vanguard Intermediate-Term Treasury Index ETF accounts for 3.6% of Traphagen Investment Advisors LLC’s portfolio, making the stock its 8th largest position. Traphagen Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $36,068,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VGIT. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% in 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 during the period. Employees Retirement System of Texas raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% in the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after buying an additional 21,468,000 shares in the last quarter. Nepc LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 40.5% during the 1st quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock worth $365,855,000 after acquiring an additional 1,802,367 shares during the period. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 1st quarter worth approximately $54,902,000. Finally, Creative Planning increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the second quarter. Creative Planning now owns 10,726,477 shares of the company’s stock valued at $624,603,000 after acquiring an additional 880,734 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT stock remained flat at $59.17 during trading hours on Tuesday. The company’s stock had a trading volume of 850,041 shares, compared to its average volume of 2,530,052. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $56.24 and a 52-week high of $60.82. The company’s fifty day moving average is $60.09 and its 200 day moving average is $58.86.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.1851 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18.

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.