Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is Burney Co.’s 3rd Largest Position

Burney Co. raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 18.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,027,188 shares of the company’s stock after acquiring an additional 158,063 shares during the period. Vanguard Intermediate-Term Treasury Index ETF comprises about 2.1% of Burney Co.’s portfolio, making the stock its 3rd largest holding. Burney Co.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $59,577,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 71,703,173 shares of the company’s stock valued at $4,332,306,000 after acquiring an additional 313,398 shares during the period. Employees Retirement System of Texas grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% in the second quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock worth $1,251,072,000 after purchasing an additional 21,468,000 shares during the last quarter. Empower Advisory Group LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the 3rd quarter. Empower Advisory Group LLC now owns 15,788,033 shares of the company’s stock valued at $953,913,000 after purchasing an additional 644,773 shares during the period. Creative Planning raised its position in Vanguard Intermediate-Term Treasury Index ETF by 7.8% during the 3rd quarter. Creative Planning now owns 11,557,959 shares of the company’s stock valued at $698,332,000 after purchasing an additional 831,482 shares during the last quarter. Finally, Nepc LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 0.8% in the 3rd quarter. Nepc LLC now owns 6,368,230 shares of the company’s stock worth $384,768,000 after buying an additional 52,172 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT opened at $57.88 on Wednesday. The stock’s 50 day moving average price is $58.30 and its 200-day moving average price 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 announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid 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 of this dividend was Tuesday, December 24th.

About Vanguard Intermediate-Term Treasury Index ETF

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.