HighTower Advisors LLC Buys 47,160 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

HighTower Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,579,766 shares of the company’s stock after purchasing an additional 47,160 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $149,626,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $28,000. YANKCOM Partnership bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $30,000. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $40,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $43,000. Finally, Hobbs Group Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% in the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after acquiring an additional 310 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.2 %

VGIT stock opened at $59.04 on Wednesday. The business has a 50 day moving average of $58.30 and a 200-day moving average of $58.90. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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

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.