Founders Grove Wealth Partners LLC Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Founders Grove Wealth Partners LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 163,589 shares of the company’s stock, valued at approximately $9,488,000. Vanguard Intermediate-Term Treasury Index ETF comprises approximately 2.7% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in VGIT. Headlands Technologies LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $36,000. BOKF NA boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 105.1% during the second quarter. BOKF NA now owns 5,268 shares of the company’s stock worth $307,000 after purchasing an additional 2,699 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.4% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,852 shares of the company’s stock valued at $224,000 after buying an additional 233 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,366,692 shares of the company’s stock valued at $137,812,000 after buying an additional 83,972 shares in the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth $259,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.1 %

VGIT stock opened at $57.47 on Wednesday. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82. The business’s 50-day moving average price is $58.30 and its two-hundred day moving average price is $59.11.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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

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.