Foster & Motley Inc. Has $6.73 Million Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Foster & Motley Inc. lowered its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,430 shares of the company’s stock after selling 1,978 shares during the period. Foster & Motley Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $6,733,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Motco acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 1st quarter worth about $26,000. Fifth Third Bancorp raised its position in shares of 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 in the last quarter. Aspire Private Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the second quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after buying an additional 485 shares during the period. GAMMA Investing LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth approximately $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth approximately $31,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.6 %

Shares of NASDAQ VGIT opened at $58.25 on Wednesday. The business has a fifty day moving average price of $59.83 and a two-hundred day moving average price of $58.96. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $56.83 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. Investors of record on Friday, November 1st were given a $0.1855 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.82%. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

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.