Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. raised its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 5.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,072,424 shares of the company’s stock after acquiring an additional 59,508 shares during the period. Vanguard Intermediate-Term Treasury Index ETF accounts for about 1.0% of Valmark Advisers Inc.’s investment portfolio, making the stock its 22nd biggest holding. Valmark Advisers Inc. owned about 0.21% of Vanguard Intermediate-Term Treasury Index ETF worth $64,796,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VGIT. Motco bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 1st quarter worth about $26,000. Fifth Third Bancorp grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the period. Aspire Private Capital LLC boosted its position in shares of 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 valued at $30,000 after purchasing an additional 485 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth approximately $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $31,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

NASDAQ VGIT traded down $0.06 on Tuesday, hitting $58.83. 1,246,398 shares of the stock were exchanged, compared to its average volume of 2,523,954. The company’s 50-day moving average price is $60.00 and its two-hundred day moving average price is $58.90. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $56.42 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.1851 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18.

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.