Leavell Investment Management Inc. Raises Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Leavell Investment Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 80.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,273 shares of the company’s stock after acquiring an additional 19,760 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,568,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.8% during the 3rd 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. Principal Financial Group Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at about $200,000. Fifth Third Bancorp increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 1,132 shares of the company’s stock worth $66,000 after buying an additional 487 shares during the period. GAMMA Investing LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 173.8% in the fourth quarter. GAMMA Investing LLC now owns 7,354 shares of the company’s stock worth $427,000 after buying an additional 4,668 shares during the period. Finally, Mosaic Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 0.8% in the 3rd quarter. Mosaic Advisors LLC now owns 116,137 shares of the company’s stock valued at $7,017,000 after acquiring an additional 887 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT opened at $57.86 on Thursday. The stock’s 50 day simple moving average is $58.16 and its 200 day simple moving average is $59.05. 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 declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1912 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

About Vanguard Intermediate-Term Treasury Index 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.