Peirce Capital Management LLC Purchases 13,399 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Peirce Capital Management LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 256,206 shares of the company’s stock after purchasing an additional 13,399 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 7.6% of Peirce Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Peirce Capital Management LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $14,860,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Crestwood Advisors Group LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 16.5% in the second quarter. Crestwood Advisors Group LLC now owns 10,206 shares of the company’s stock valued at $594,000 after purchasing an additional 1,445 shares during the period. Foundations Investment Advisors LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 26.7% during the second quarter. Foundations Investment Advisors LLC now owns 55,172 shares of the company’s stock worth $3,213,000 after acquiring an additional 11,621 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.2% during the second quarter. Carmichael Hill & Associates Inc. now owns 8,305 shares of the company’s stock worth $484,000 after acquiring an additional 259 shares during the period. MGO Private Wealth LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.3% in the second quarter. MGO Private Wealth LLC now owns 192,812 shares of the company’s stock valued at $11,227,000 after purchasing an additional 11,398 shares during the last quarter. Finally, SouthState Corp lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 24.5% during the 2nd quarter. SouthState Corp now owns 1,269 shares of the company’s stock worth $74,000 after purchasing an additional 250 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT traded up $0.02 during trading on Thursday, hitting $58.02. The stock had a trading volume of 3,009,035 shares, compared to its average volume of 2,578,434. The company has a 50 day moving average price of $58.49 and a 200-day moving average price of $59.15. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.1901 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend 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.