Vanguard Intermediate-Term Treasury ETF $VGIT Shares Bought by Towne Trust Company N.A

Towne Trust Company N.A raised its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 24.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,135 shares of the company’s stock after purchasing an additional 10,488 shares during the quarter. Towne Trust Company N.A’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,224,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Spire Wealth Management lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares during the period. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at $27,000. JPL Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at $28,000. Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at $30,000. Finally, Crewe Advisors LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $59.16 on Friday. The company has a fifty day moving average of $59.00 and a 200-day moving average of $59.56. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.1935 dividend. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Vanguard Intermediate-Term Treasury 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.