Fonville Wealth Management LLC Invests $244,000 in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Fonville Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,034 shares of the company’s stock, valued at approximately $244,000.

A number of other hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% during the 1st quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after purchasing an additional 52,754,036 shares during the period. Employees Retirement System of Texas boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after acquiring an additional 21,468,000 shares during the period. Creative Planning boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 7.8% during the 3rd quarter. Creative Planning now owns 11,557,959 shares of the company’s stock valued at $698,332,000 after acquiring an additional 831,482 shares during the period. Nepc LLC boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 40.5% during the 1st quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock valued at $365,855,000 after acquiring an additional 1,802,367 shares during the period. Finally, Mather Group LLC. boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 10.6% during the 2nd quarter. Mather Group LLC. now owns 4,136,910 shares of the company’s stock valued at $242,216,000 after acquiring an additional 395,262 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Vanguard Intermediate-Term Treasury Index ETF stock traded down $0.26 during midday trading on Friday, reaching $58.54. 449,102 shares of the stock traded hands, compared to its average volume of 2,533,318. The company has a 50-day simple moving average of $59.93 and a two-hundred day simple moving average of $58.91. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $56.83 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1851 per share. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.