Baker Avenue Asset Management LP Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Baker Avenue Asset Management LP bought a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,048 shares of the company’s stock, valued at approximately $305,000.

Other hedge funds have also made changes to their positions in the company. Motco purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth approximately $26,000. Fifth Third Bancorp increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. Aspire Private Capital LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after purchasing an additional 485 shares during the last quarter. GAMMA Investing LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at about $31,000. Finally, Hobbs Group Advisors LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.2 %

Shares of VGIT opened at $58.46 on Tuesday. The firm has a 50-day simple moving average of $59.74 and a two-hundred day simple moving average of $58.99. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.83 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1855 per share. This represents a $2.23 dividend on an annualized basis and a yield of 3.81%. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, November 1st.

Vanguard Intermediate-Term Treasury Index ETF Company 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.