Sheaff Brock Investment Advisors LLC Buys New Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Sheaff Brock Investment Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,832 shares of the company’s stock, valued at approximately $628,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGIT. Bartlett & CO. Wealth Management LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 49.5% during the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 12,959 shares of the company’s stock worth $783,000 after buying an additional 4,288 shares during the period. AA Financial Advisors LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth $216,000. Pure Portfolios Holdings LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth $202,000. OLD National Bancorp IN increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the 3rd quarter. OLD National Bancorp IN now owns 332,013 shares of the company’s stock worth $20,060,000 after buying an additional 13,616 shares during the period. Finally, Compass Ion Advisors LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 149.2% during the 3rd quarter. Compass Ion Advisors LLC now owns 14,381 shares of the company’s stock worth $869,000 after buying an additional 8,609 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT opened at $58.29 on Monday. The company has a 50-day moving average of $58.11 and a 200-day moving average of $59.03. 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 firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders 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.

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.