Burney Co. Has $59.58 Million Stock Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Burney Co. increased its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 18.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,027,188 shares of the company’s stock after acquiring an additional 158,063 shares during the period. Vanguard Intermediate-Term Treasury Index ETF comprises approximately 2.1% of Burney Co.’s portfolio, making the stock its 3rd biggest holding. Burney Co. owned about 0.20% of Vanguard Intermediate-Term Treasury Index ETF worth $59,577,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VGIT. Employees Retirement System of Texas lifted 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 worth $1,251,072,000 after purchasing an additional 21,468,000 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at approximately $68,099,000. Summit Trail Advisors LLC grew its stake in Vanguard Intermediate-Term Treasury Index ETF by 36.2% during the third quarter. Summit Trail Advisors LLC now owns 3,992,551 shares of the company’s stock valued at $241,230,000 after acquiring an additional 1,060,467 shares in the last quarter. Creative Planning lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the 2nd quarter. Creative Planning now owns 10,726,477 shares of the company’s stock worth $624,603,000 after purchasing an additional 880,734 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.3% in the 3rd quarter. Empower Advisory Group LLC now owns 15,788,033 shares of the company’s stock valued at $953,913,000 after purchasing an additional 644,773 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

NASDAQ:VGIT opened at $57.88 on Wednesday. The stock has a fifty day moving average of $58.30 and a 200 day moving average of $59.11. 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 company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.1901 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Tuesday, December 24th.

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.