Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is AMI Investment Management Inc.’s 5th Largest Position

AMI Investment Management Inc. boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 7.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,021 shares of the company’s stock after purchasing an additional 13,782 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises about 3.8% of AMI Investment Management Inc.’s portfolio, making the stock its 5th biggest position. AMI Investment Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $10,948,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 478.8% in the 4th quarter. International Assets Investment Management LLC now owns 39,151 shares of the company’s stock worth $2,322,000 after buying an additional 32,387 shares during the last quarter. Federated Hermes Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $87,000. Community Bank N.A. boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 60.2% in the 4th quarter. Community Bank N.A. now owns 1,330 shares of the company’s stock worth $79,000 after purchasing an additional 500 shares in the last quarter. Syon Capital LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth $1,430,000. Finally, Bryn Mawr Capital Management LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $202,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.4 %

VGIT stock traded up $0.24 during trading on Friday, reaching $60.17. The company had a trading volume of 1,394,712 shares, compared to its average volume of 2,470,560. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.55. The firm has a 50-day simple moving average of $59.01 and a 200-day simple moving average of $58.36.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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

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.