Nicolet Advisory Services LLC Cuts Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Nicolet Advisory Services LLC lessened its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 34.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,159 shares of the company’s stock after selling 21,873 shares during the period. Nicolet Advisory Services LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,367,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 13.4% in the 4th quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock worth $99,000 after purchasing an additional 202 shares during the period. Cape Investment Advisory Inc. raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 28.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 971 shares of the company’s stock valued at $56,000 after acquiring an additional 213 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 9.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,011 shares of the company’s stock valued at $174,000 after purchasing an additional 250 shares during the last quarter. Swmg LLC boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 7.4% during the fourth quarter. Swmg LLC now owns 3,920 shares of the company’s stock worth $227,000 after purchasing an additional 271 shares during the period. Finally, Hobbs Group Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% in the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after purchasing an additional 310 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT stock opened at $59.27 on Thursday. The firm’s 50 day moving average is $58.69 and its 200 day moving average is $58.78. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $57.03 and a 12 month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be issued a $0.1964 dividend. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date of this dividend is Tuesday, April 1st.

About Vanguard Intermediate-Term Treasury Index 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.