Benjamin Edwards Inc. Increases Stock Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Benjamin Edwards Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 79,482 shares of the company’s stock after purchasing an additional 4,858 shares during the period. Benjamin Edwards Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $4,610,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 71,703,173 shares of the company’s stock valued at $4,332,306,000 after buying an additional 313,398 shares during the last quarter. Empower Advisory Group LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.1% in the fourth quarter. Empower Advisory Group LLC now owns 17,071,797 shares of the company’s stock worth $990,164,000 after buying an additional 1,283,764 shares in the last quarter. SCS Capital Management LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 5.4% during the 4th quarter. SCS Capital Management LLC now owns 10,505,245 shares of the company’s stock valued at $609,304,000 after acquiring an additional 540,916 shares during the last quarter. RWA Wealth Partners LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.5% in the 4th quarter. RWA Wealth Partners LLC now owns 8,642,884 shares of the company’s stock worth $501,287,000 after buying an additional 206,738 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 6,471,976 shares of the company’s stock valued at $375,375,000 after purchasing an additional 74,175 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT opened at $59.19 on Tuesday. The business has a fifty day moving average of $59.21 and a 200 day moving average of $58.66. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.35 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were given a dividend of $0.1872 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $2.25 annualized dividend and a dividend yield of 3.80%.

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.