Pathway Financial Advisors LLC Grows Position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Pathway Financial Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 356.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 299,328 shares of the company’s stock after purchasing an additional 233,696 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises approximately 3.2% of Pathway Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Pathway Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $17,780,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in Vanguard Intermediate-Term Treasury ETF by 25.9% during the fourth quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock worth $3,715,989,000 after purchasing an additional 13,198,415 shares during the period. Strategic Financial Services Inc. lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 6,077.9% in the fourth quarter. Strategic Financial Services Inc. now owns 1,940,726 shares of the company’s stock worth $112,562,000 after buying an additional 1,909,312 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 44.2% in the fourth quarter. Blue Trust Inc. now owns 5,554,443 shares of the company’s stock worth $322,158,000 after buying an additional 1,703,123 shares in the last quarter. State of Tennessee Department of Treasury purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $96,662,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $95,032,000.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.2%

Shares of VGIT opened at $59.07 on Friday. The firm’s 50 day simple moving average is $59.10 and its 200 day simple moving average is $58.73. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $57.40 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a $0.194 dividend. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, June 2nd.

About Vanguard Intermediate-Term Treasury 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.