Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Shares Purchased by Addison Advisors LLC

Addison Advisors LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 10.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 203,952 shares of the company’s stock after acquiring an additional 18,928 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises about 3.8% of Addison Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Addison Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $11,876,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VGIT. Motco acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the first quarter valued at about $26,000. Fifth Third Bancorp raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. Aspire Private Capital LLC lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after purchasing an additional 485 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth approximately $31,000. Finally, Hobbs Group Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth approximately $31,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ:VGIT traded up $0.17 during midday trading on Friday, hitting $60.51. The company had a trading volume of 403,805 shares, compared to its average volume of 2,452,645. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.55. The business’s 50-day simple moving average is $59.28 and its 200-day simple moving average is $58.45.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1851 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18.

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.