Gitterman Wealth Management LLC Raises Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Gitterman Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,793,213 shares of the company’s stock after purchasing an additional 10,168 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF accounts for 43.4% of Gitterman Wealth Management LLC’s portfolio, making the stock its biggest holding. Gitterman Wealth Management LLC owned about 0.34% of Vanguard Intermediate-Term Treasury Index ETF worth $104,006,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kestra Investment Management LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $28,000. YANKCOM Partnership bought a new position in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $30,000. Bank of Jackson Hole Trust bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at $40,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth $43,000. Finally, Hobbs Group Advisors LLC boosted its stake 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 valued at $51,000 after purchasing an additional 310 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

NASDAQ:VGIT opened at $58.92 on Friday. The company’s 50-day simple moving average is $58.36 and its 200-day simple moving average is $58.89. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.