M&T Bank Corp Raises Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

M&T Bank Corp raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 32.6% during the third quarter, Holdings Channel reports. The fund owned 178,493 shares of the company’s stock after buying an additional 43,921 shares during the period. M&T Bank Corp’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $10,785,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Silver Oak Advisory Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.1% during the 3rd quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock valued at $963,000 after purchasing an additional 171 shares during the last quarter. Gladstone Institutional Advisory LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock worth $235,000 after buying an additional 176 shares during the period. Angeles Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.9% in the 2nd quarter. Angeles Wealth Management LLC now owns 2,489 shares of the company’s stock valued at $145,000 after acquiring an additional 182 shares during the last quarter. Hill Investment Group Partners LLC boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.4% during the 3rd quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock valued at $461,000 after acquiring an additional 187 shares during the period. Finally, Fifth Third Bancorp grew its position in Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.2 %

Shares of VGIT stock opened at $58.74 on Thursday. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82. The stock has a 50 day moving average price of $58.89 and a two-hundred day moving average price of $59.13.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.1855 dividend. This represents a $2.23 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly 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.