Valmark Advisers Inc. Purchases 1,441,121 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Valmark Advisers Inc. increased its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 134.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,513,545 shares of the company’s stock after acquiring an additional 1,441,121 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF accounts for about 2.3% of Valmark Advisers Inc.’s investment portfolio, making the stock its 12th biggest holding. Valmark Advisers Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $145,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Creative Planning grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 7.8% during the third quarter. Creative Planning now owns 11,557,959 shares of the company’s stock valued at $698,332,000 after purchasing an additional 831,482 shares during the period. AlphaMark Advisors LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 3,302.3% during the third quarter. AlphaMark Advisors LLC now owns 2,926 shares of the company’s stock valued at $177,000 after purchasing an additional 2,840 shares during the period. Stratos Wealth Advisors LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 8.4% during the third quarter. Stratos Wealth Advisors LLC now owns 232,564 shares of the company’s stock valued at $14,052,000 after purchasing an additional 18,023 shares during the period. Net Worth Advisory Group bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at about $6,671,000. Finally, Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 3.4% during the third quarter. Blue Trust Inc. now owns 3,851,320 shares of the company’s stock valued at $224,262,000 after purchasing an additional 127,805 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

NASDAQ:VGIT opened at $58.29 on Friday. The stock has a 50-day simple moving average of $58.11 and a two-hundred day simple moving average of $59.03. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1912 per share. The ex-dividend date was Monday, February 3rd. 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.