Towneley Capital Management Inc DE Has $25.61 Million Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Towneley Capital Management Inc DE grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 2.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 423,829 shares of the company’s stock after acquiring an additional 8,116 shares during the period. Vanguard Intermediate-Term Treasury Index ETF comprises 5.8% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its 6th biggest position. Towneley Capital Management Inc DE owned approximately 0.08% of Vanguard Intermediate-Term Treasury Index ETF worth $25,608,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGIT. Motco purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 1st quarter valued at approximately $26,000. Fifth Third Bancorp lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. Aspire Private Capital LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after buying an additional 485 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at approximately $31,000. Finally, Hobbs Group Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at approximately $31,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT stock opened at $59.49 on Wednesday. The firm’s 50 day moving average is $60.15 and its 200 day moving average is $58.79. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $56.07 and a 12 month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared 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 boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.