Avantax Advisory Services Inc. Acquires 38,102 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Avantax Advisory Services Inc. raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 466.5% in the first quarter, HoldingsChannel.com reports. The firm owned 46,270 shares of the company’s stock after buying an additional 38,102 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,709,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RWA Wealth Partners LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.1% in the 1st quarter. RWA Wealth Partners LLC now owns 8,672,630 shares of the company’s stock worth $507,782,000 after acquiring an additional 177,042 shares in the last quarter. Creative Planning grew its position in Vanguard Intermediate-Term Treasury Index ETF by 8.9% during the fourth quarter. Creative Planning now owns 8,247,170 shares of the company’s stock valued at $489,222,000 after buying an additional 674,437 shares during the period. Buckingham Strategic Wealth LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 13.1% during the fourth quarter. Buckingham Strategic Wealth LLC now owns 5,311,874 shares of the company’s stock valued at $315,100,000 after buying an additional 613,932 shares during the period. Nepc LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $263,750,000. Finally, UBS Group AG grew its position in Vanguard Intermediate-Term Treasury Index ETF by 16.1% during the fourth quarter. UBS Group AG now owns 4,217,552 shares of the company’s stock valued at $250,185,000 after buying an additional 583,313 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT traded up $0.03 during trading on Wednesday, hitting $58.93. 1,276,439 shares of the company traded hands, compared to its average volume of 2,594,747. The stock’s fifty day moving average is $58.13 and its 200 day moving average is $58.27. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $56.07 and a one year high of $59.67.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a dividend of $0.1774 per share. The ex-dividend date of this dividend was Monday, July 1st.

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.