Hobbs Group Advisors LLC Acquires New Shares in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Hobbs Group Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the second quarter, according to its most recent filing with the SEC. The fund acquired 540 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. United Community Bank grew its position in Vanguard Intermediate-Term Treasury Index ETF by 3.2% during the fourth quarter. United Community Bank now owns 5,901 shares of the company’s stock worth $350,000 after buying an additional 181 shares in the last quarter. Angeles Wealth Management LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 9.5% during the first quarter. Angeles Wealth Management LLC now owns 2,307 shares of the company’s stock worth $135,000 after buying an additional 201 shares in the last quarter. US Bancorp DE grew its position in Vanguard Intermediate-Term Treasury Index ETF by 1.6% during the fourth quarter. US Bancorp DE now owns 14,053 shares of the company’s stock worth $834,000 after buying an additional 219 shares in the last quarter. Whitcomb & Hess Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 0.6% in the 2nd quarter. Whitcomb & Hess Inc. now owns 34,007 shares of the company’s stock worth $1,980,000 after purchasing an additional 219 shares in the last quarter. Finally, Schoolcraft Capital LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 5.3% in the 1st quarter. Schoolcraft Capital LLC now owns 5,061 shares of the company’s stock worth $296,000 after purchasing an additional 255 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT traded up $0.15 during midday trading on Wednesday, reaching $60.18. The stock had a trading volume of 634,077 shares, compared to its average volume of 2,477,521. The company’s 50-day moving average is $58.91 and its 200 day moving average is $58.33. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $56.07 and a 12-month high of $60.55.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.1847 dividend. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. This represents a $2.22 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date was Thursday, August 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.