Axos Invest Inc. Invests $8.68 Million in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Axos Invest Inc. bought a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 143,622 shares of the company’s stock, valued at approximately $8,678,000. Vanguard Intermediate-Term Treasury Index ETF makes up 5.9% of Axos Invest Inc.’s holdings, making the stock its 3rd biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the period. Aspire Private Capital LLC raised 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 valued at $30,000 after acquiring an additional 485 shares during the period. GAMMA Investing LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at $31,000. Hobbs Group Advisors LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth $31,000. Finally, Morton Brown Family Wealth LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth $35,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT opened at $58.38 on Thursday. The company’s 50-day moving average is $59.46 and its 200-day moving average is $59.04. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.1855 dividend. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend was Friday, November 1st.

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.