Independent Advisor Alliance Invests $3.22 Million in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Independent Advisor Alliance purchased a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 55,549 shares of the company’s stock, valued at approximately $3,222,000.

A number of other institutional investors also recently made changes to their positions in VGIT. Blue Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 44.2% in the 4th quarter. Blue Trust Inc. now owns 5,554,443 shares of the company’s stock worth $322,158,000 after acquiring an additional 1,703,123 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth approximately $95,032,000. Valmark Advisers Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 134.4% in the 4th quarter. Valmark Advisers Inc. now owns 2,513,545 shares of the company’s stock worth $145,786,000 after acquiring an additional 1,441,121 shares during the period. Empower Advisory Group LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.1% in the 4th quarter. Empower Advisory Group LLC now owns 17,071,797 shares of the company’s stock worth $990,164,000 after acquiring an additional 1,283,764 shares during the period. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $68,099,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.2 %

Shares of NASDAQ:VGIT opened at $58.92 on Thursday. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The company has a 50 day moving average of $58.32 and a 200-day moving average of $58.90.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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

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.