Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is Peirce Capital Management LLC’s 4th Largest Position

Peirce Capital Management LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 1.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 231,576 shares of the company’s stock after acquiring an additional 3,592 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises 7.4% of Peirce Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding. Peirce Capital Management LLC owned about 0.06% of Vanguard Intermediate-Term Treasury Index ETF worth $13,559,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VGIT. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 33.5% in the third quarter. JPMorgan Chase & Co. now owns 20,426,546 shares of the company’s stock valued at $1,167,377,000 after acquiring an additional 5,131,234 shares during the last quarter. Morgan Stanley grew its stake in Vanguard Intermediate-Term Treasury Index ETF by 116.2% during the 3rd quarter. Morgan Stanley now owns 14,769,022 shares of the company’s stock worth $844,050,000 after buying an additional 7,937,334 shares during the last quarter. SCS Capital Management LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth approximately $486,631,000. RWA Wealth Partners LLC lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 16.7% in the fourth quarter. RWA Wealth Partners LLC now owns 8,495,588 shares of the company’s stock valued at $503,958,000 after buying an additional 1,214,192 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the fourth quarter. Creative Planning now owns 8,247,170 shares of the company’s stock valued at $489,222,000 after acquiring an additional 674,437 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury Index ETF stock traded up $0.18 during trading on Tuesday, reaching $58.51. The company’s stock had a trading volume of 1,364,658 shares, compared to its average volume of 2,752,886. The company has a 50-day moving average price of $57.70 and a two-hundred day moving average price of $58.34. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $56.07 and a fifty-two week high of $59.67.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a $0.1787 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.17.

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.