Cullen Frost Bankers Inc. Increases Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Cullen Frost Bankers Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 25.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,066 shares of the company’s stock after buying an additional 812 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of VGIT. Kestra Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $28,000. YANKCOM Partnership purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $30,000. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $40,000. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at about $43,000. Finally, Hobbs Group Advisors LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after buying an additional 310 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT opened at $58.88 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82. The firm’s 50-day simple moving average is $58.26 and its two-hundred day simple moving average is $58.92.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1731 dividend. The ex-dividend date was Monday, March 3rd.

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.