Vanguard Intermediate-Term Treasury ETF $VGIT Shares Purchased by Towne Trust Company N.A

Towne Trust Company N.A boosted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 24.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,135 shares of the company’s stock after acquiring an additional 10,488 shares during the quarter. Towne Trust Company N.A’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,224,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VGIT. Spire Wealth Management boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after purchasing an additional 398 shares in the last quarter. First Community Trust NA purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at about $27,000. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 3rd quarter valued at about $28,000. Gilpin Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at about $30,000. Finally, Crewe Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at about $32,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $59.16 on Friday. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $58.37 and a 52 week high of $60.76. The company’s 50-day moving average price is $59.00 and its 200 day moving average price is $59.56.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1935 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, June 1st. This is a positive change from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

About Vanguard Intermediate-Term Treasury 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.