Axos Invest Inc. Reduces Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Axos Invest Inc. trimmed its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,766 shares of the company’s stock after selling 856 shares during the period. Vanguard Intermediate-Term Treasury Index ETF makes up about 6.0% of Axos Invest Inc.’s portfolio, making the stock its 3rd largest holding. Axos Invest Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $8,280,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Silver Oak Advisory Group Inc. boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 1.1% during the third quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock worth $963,000 after buying an additional 171 shares in the last quarter. Gladstone Institutional Advisory LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.7% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock worth $235,000 after acquiring an additional 176 shares in the last quarter. Hill Investment Group Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.4% in the 3rd quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock worth $461,000 after acquiring an additional 187 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 13.4% during the fourth quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock worth $99,000 after purchasing an additional 202 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.8% during the third quarter. Chicago Partners Investment Group LLC now owns 8,450 shares of the company’s stock valued at $499,000 after purchasing an additional 233 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT opened at $58.37 on Friday. The business’s 50-day moving average price is $58.21 and its 200 day moving average price is $59.07. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1912 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Monday, February 3rd.

Vanguard Intermediate-Term Treasury Index ETF Company 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.