Summitas Investment Management LLC Purchases Shares of 176,879 Vanguard Intermediate-Term Treasury ETF $VGIT

Summitas Investment Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 176,879 shares of the company’s stock, valued at approximately $10,533,000. Vanguard Intermediate-Term Treasury ETF makes up approximately 8.3% of Summitas Investment Management LLC’s holdings, making the stock its 3rd biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CVS HEALTH Corp bought a new stake in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at about $5,062,000. Earned Wealth Advisors LLC lifted its stake in Vanguard Intermediate-Term Treasury ETF by 16.7% during the first quarter. Earned Wealth Advisors LLC now owns 463,972 shares of the company’s stock worth $27,630,000 after purchasing an additional 66,537 shares during the period. Lowe Brockenbrough & Co. Inc. lifted its stake in Vanguard Intermediate-Term Treasury ETF by 5.9% during the first quarter. Lowe Brockenbrough & Co. Inc. now owns 301,532 shares of the company’s stock worth $17,956,000 after purchasing an additional 16,855 shares during the period. Human Investing LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 0.7% during the first quarter. Human Investing LLC now owns 54,864 shares of the company’s stock valued at $3,267,000 after purchasing an additional 400 shares in the last quarter. Finally, Balefire LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF during the first quarter valued at approximately $1,534,000.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.2%

VGIT stock opened at $58.44 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $58.37 and a 1-year high of $60.76. The business’s 50 day moving average is $58.76 and its 200-day moving average is $59.41.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1879 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

About Vanguard Intermediate-Term Treasury 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. 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.