Fiduciary Trust Co Acquires 3,125 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Fiduciary Trust Co boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 16.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,578 shares of the company’s stock after purchasing an additional 3,125 shares during the period. Fiduciary Trust Co’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $1,310,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VGIT. Sound Income Strategies LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 13.4% in the fourth quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock valued at $99,000 after acquiring an additional 202 shares in the last quarter. Cape Investment Advisory Inc. lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 28.1% in the 4th quarter. Cape Investment Advisory Inc. now owns 971 shares of the company’s stock worth $56,000 after purchasing an additional 213 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 9.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,011 shares of the company’s stock worth $174,000 after purchasing an additional 250 shares during the period. Swmg LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 7.4% during the 4th quarter. Swmg LLC now owns 3,920 shares of the company’s stock valued at $227,000 after buying an additional 271 shares in the last quarter. Finally, Guidance Point Advisors LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.8% during the fourth quarter. Guidance Point Advisors LLC now owns 6,190 shares of the company’s stock valued at $359,000 after buying an additional 283 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGIT opened at $59.09 on Friday. The firm has a fifty day moving average price of $59.22 and a 200 day moving average price of $58.66. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.35 and a fifty-two week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1872 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $2.25 dividend on an annualized basis and a dividend yield of 3.80%.

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.