70,736 Shares in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Acquired by Five Pine Wealth Management

Five Pine Wealth Management purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 70,736 shares of the company’s stock, valued at approximately $4,103,000. Vanguard Intermediate-Term Treasury Index ETF makes up approximately 3.5% of Five Pine Wealth Management’s investment portfolio, making the stock its 9th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in VGIT. AQR Capital Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 378.2% in the 2nd quarter. AQR Capital Management LLC now owns 112,134 shares of the company’s stock valued at $6,530,000 after buying an additional 88,684 shares during the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 3.6% in the second quarter. Cetera Investment Advisers now owns 282,279 shares of the company’s stock valued at $16,437,000 after acquiring an additional 9,730 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $4,511,000. Park Avenue Securities LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.9% during the third quarter. Park Avenue Securities LLC now owns 32,112 shares of the company’s stock worth $1,940,000 after purchasing an additional 1,197 shares in the last quarter. Finally, LifePlan Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.5% in the 3rd quarter. LifePlan Financial LLC now owns 66,940 shares of the company’s stock valued at $4,045,000 after purchasing an additional 978 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

NASDAQ:VGIT opened at $58.33 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82. The stock’s 50 day moving average price is $58.24 and its 200 day moving average price is $59.08.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.1901 dividend. The ex-dividend date of this dividend 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 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.