Lowe Brockenbrough & Co. Inc. Grows Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Lowe Brockenbrough & Co. Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 26.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 284,677 shares of the company’s stock after buying an additional 59,584 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $17,061,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VGIT. Exencial Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.3% during the 4th quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock worth $343,000 after purchasing an additional 181 shares during the period. Joel Adams & Associates Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 2.8% during the 4th quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock worth $419,000 after purchasing an additional 192 shares during the period. Armstrong Advisory Group Inc. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% during the 4th quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock worth $1,070,000 after purchasing an additional 194 shares during the period. Sunflower Bank N.A. raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% during the 4th quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after purchasing an additional 202 shares during the period. Finally, Avion Wealth raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 10.6% during the 4th quarter. Avion Wealth now owns 2,122 shares of the company’s stock worth $127,000 after purchasing an additional 203 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $58.56 on Friday. Vanguard Intermediate-Term Treasury ETF has a 52-week low of $58.37 and a 52-week high of $60.76. The stock’s 50-day simple moving average is $59.18 and its 200 day simple moving average is $59.71.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.1935 per share. This represents a c) annualized dividend and a yield of 4.0%. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Treasury 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.