Global Endowment Management LP Takes $2.59 Million Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Global Endowment Management LP purchased a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, Holdings Channel reports. The fund purchased 44,700 shares of the company’s stock, valued at approximately $2,593,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sound Income Strategies LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 13.4% during the fourth quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock worth $99,000 after acquiring an additional 202 shares in the last quarter. Cape Investment Advisory Inc. lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 28.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 971 shares of the company’s stock worth $56,000 after purchasing an additional 213 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 9.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 3,011 shares of the company’s stock worth $174,000 after purchasing an additional 250 shares in the last quarter. Swmg LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 7.4% in the 4th quarter. Swmg LLC now owns 3,920 shares of the company’s stock worth $227,000 after purchasing an additional 271 shares during the period. Finally, Guidance Point Advisors LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.8% during the 4th quarter. Guidance Point Advisors LLC now owns 6,190 shares of the company’s stock valued at $359,000 after buying an additional 283 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.4 %

Shares of VGIT opened at $59.36 on Thursday. The business’s 50-day moving average price is $58.94 and its 200-day moving average price is $58.69. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.1964 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.36 annualized dividend and a yield of 3.97%.

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.