Sequoia Financial Advisors LLC Makes New $1.17 Million Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Sequoia Financial Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 20,191 shares of the company’s stock, valued at approximately $1,171,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kestra Investment Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $28,000. YANKCOM Partnership acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $30,000. Bank of Jackson Hole Trust acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $40,000. Lowe Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth approximately $43,000. Finally, Hobbs Group Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% in the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after purchasing an additional 310 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

NASDAQ:VGIT opened at $58.92 on Friday. 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 company has a 50 day simple moving average of $58.36 and a two-hundred day simple moving average of $58.89.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

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.