Global Endowment Management LP Acquires Shares of 44,700 Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Global Endowment Management LP bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 44,700 shares of the company’s stock, valued at approximately $2,593,000.

A number of other large investors also recently modified their holdings of the company. Cravens & Co Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 4.2% during the 4th quarter. Cravens & Co Advisors LLC now owns 162,268 shares of the company’s stock valued at $9,412,000 after purchasing an additional 6,515 shares during the last quarter. Verisail Partners LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $260,000. United Capital Financial Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 10.6% during the fourth quarter. United Capital Financial Advisors LLC now owns 115,187 shares of the company’s stock valued at $6,681,000 after buying an additional 11,010 shares during the last quarter. XTX Topco Ltd bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $342,000. Finally, CreativeOne Wealth LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 12.1% in the 4th quarter. CreativeOne Wealth LLC now owns 37,918 shares of the company’s stock valued at $2,199,000 after buying an additional 4,096 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGIT opened at $59.36 on Thursday. The stock’s fifty day simple moving average is $58.94 and its two-hundred day simple moving average is $58.69. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.1964 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.36 annualized dividend and a yield of 3.97%.

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.