Emprise Bank Buys 47,052 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Emprise Bank raised its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 13.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 393,067 shares of the company’s stock after buying an additional 47,052 shares during the period. Vanguard Intermediate-Term Treasury Index ETF makes up about 12.9% of Emprise Bank’s holdings, making the stock its largest position. Emprise Bank’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $22,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at $36,000. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth about $43,000. Hobbs Group Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the third 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 purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth about $89,000. Finally, Semmax Financial Advisors Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $96,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT stock traded down $0.08 during mid-day trading on Monday, hitting $57.43. 828,053 shares of the stock were exchanged, compared to its average volume of 2,731,806. The stock’s fifty day simple moving average is $58.35 and its two-hundred day simple moving average is $59.12. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month 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. Investors of record on Tuesday, December 24th were issued a dividend of $0.1901 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

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.