Abbrea Capital LLC Increases Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Abbrea Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 9.9% during the fourth quarter, HoldingsChannel reports. The firm owned 222,436 shares of the company’s stock after purchasing an additional 20,031 shares during the period. Vanguard Intermediate-Term Treasury Index ETF comprises 1.9% of Abbrea Capital LLC’s portfolio, making the stock its 14th largest holding. Abbrea Capital LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $13,195,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VGIT. CWM LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 831.6% in the 3rd quarter. CWM LLC now owns 14,012 shares of the company’s stock worth $801,000 after acquiring an additional 12,508 shares in the last quarter. Cedar Brook Financial Partners LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at about $560,000. Newbridge Financial Services Group Inc. increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 1,272.3% during the third quarter. Newbridge Financial Services Group Inc. now owns 1,784 shares of the company’s stock worth $102,000 after purchasing an additional 1,654 shares during the period. B.O.S.S. Retirement Advisors LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.7% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 8,633 shares of the company’s stock worth $493,000 after purchasing an additional 693 shares during the period. Finally, Riverwater Partners LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth approximately $452,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT traded up $0.08 on Friday, reaching $57.22. The company’s stock had a trading volume of 1,286,342 shares, compared to its average volume of 2,932,196. The stock has a 50 day moving average of $58.09 and a two-hundred day moving average of $58.15. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $56.07 and a fifty-two week high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1762 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, April 1st.

About Vanguard Intermediate-Term Treasury Index ETF

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.