BIP Wealth LLC Invests $249,000 in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

BIP Wealth LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 4,118 shares of the company’s stock, valued at approximately $249,000.

A number of other institutional investors have also recently bought and sold shares of VGIT. Fifth Third Bancorp raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Aspire Private Capital LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after purchasing an additional 485 shares in the last quarter. GAMMA Investing LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at approximately $31,000. Hobbs Group Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $31,000. Finally, Morton Brown Family Wealth LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $35,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.44 on Wednesday. The firm has a fifty day moving average of $59.51 and a 200-day moving average of $59.03. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.1855 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a yield of 3.81%. The ex-dividend date was Friday, November 1st.

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.