Montecito Bank & Trust Sells 32,391 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Montecito Bank & Trust reduced its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 34.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,448 shares of the company’s stock after selling 32,391 shares during the period. Montecito Bank & Trust’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $3,622,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Secure Asset Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 20.1% in the 4th quarter. Secure Asset Management LLC now owns 101,847 shares of the company’s stock worth $5,907,000 after purchasing an additional 17,073 shares in the last quarter. IVC Wealth Advisors LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 9.5% during the fourth quarter. IVC Wealth Advisors LLC now owns 6,474 shares of the company’s stock worth $375,000 after buying an additional 559 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 995.8% in the fourth quarter. Avior Wealth Management LLC now owns 13,675 shares of the company’s stock valued at $793,000 after buying an additional 12,427 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.1% during the fourth quarter. Mutual Advisors LLC now owns 33,523 shares of the company’s stock valued at $1,945,000 after buying an additional 2,221 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 16.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 70,411 shares of the company’s stock worth $4,084,000 after acquiring an additional 9,802 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT opened at $57.94 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82. The company’s 50-day moving average is $58.25 and its 200 day moving average is $59.10.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.1901 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Intermediate-Term Treasury Index ETF Company 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.