Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is Burkett Financial Services LLC’s 10th Largest Position

Burkett Financial Services LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 100.6% during the third quarter, Holdings Channel.com reports. The firm owned 77,473 shares of the company’s stock after buying an additional 38,847 shares during the period. Vanguard Intermediate-Term Treasury Index ETF accounts for about 1.9% of Burkett Financial Services LLC’s portfolio, making the stock its 10th largest position. Burkett Financial Services LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $4,681,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGIT. Motco purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the first quarter valued at approximately $26,000. Fifth Third Bancorp lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Aspire Private Capital LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the second quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after purchasing an additional 485 shares during the period. GAMMA Investing LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at about $31,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT stock traded down $0.09 during midday trading on Wednesday, reaching $59.40. The company’s stock had a trading volume of 418,421 shares, compared to its average volume of 2,491,556. The stock has a fifty day simple moving average of $60.15 and a two-hundred day simple moving average of $58.79. 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 disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1851 per share. This is an increase 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 Company 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.