Truist Financial Corp Increases Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Truist Financial Corp raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 3.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 805,002 shares of the company’s stock after buying an additional 25,693 shares during the period. Truist Financial Corp’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $46,875,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Motco acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the first quarter valued at approximately $26,000. Fifth Third Bancorp grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares in the last quarter. Aspire Private Capital LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the second quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after acquiring an additional 485 shares during the period. GAMMA Investing LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at $31,000. Finally, Hobbs Group Advisors LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at $31,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ VGIT opened at $60.30 on Thursday. The stock’s 50-day moving average is $60.09 and its two-hundred day moving average is $58.75. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.07 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1851 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 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.