Shotwell Rutter Baer Inc Has $7.78 Million Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Shotwell Rutter Baer Inc raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 135,213 shares of the company’s stock after acquiring an additional 4,727 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 6.6% of Shotwell Rutter Baer Inc’s investment portfolio, making the stock its 6th biggest position. Shotwell Rutter Baer Inc’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $7,776,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Headlands Technologies LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth approximately $36,000. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $43,000. Hobbs Group Advisors LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after purchasing an additional 310 shares during the last quarter. Marquette Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $89,000. Finally, Semmax Financial Advisors Inc. purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $96,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

Shares of NASDAQ:VGIT opened at $57.44 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82. The stock has a 50 day moving average of $58.32 and a 200 day moving average of $59.12.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders 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 boost 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.