Principal Financial Group Inc. Invests $200,000 in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Principal Financial Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,315 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VGIT. Montecito Bank & Trust grew its stake in Vanguard Intermediate-Term Treasury Index ETF by 65.1% during the 3rd quarter. Montecito Bank & Trust now owns 94,839 shares of the company’s stock worth $5,730,000 after purchasing an additional 37,380 shares in the last quarter. Graypoint LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 15.8% in the third quarter. Graypoint LLC now owns 44,674 shares of the company’s stock valued at $2,699,000 after purchasing an additional 6,094 shares during the last quarter. Harvest Portfolios Group Inc. raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 106.3% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 68,041 shares of the company’s stock worth $4,111,000 after acquiring an additional 35,067 shares in the last quarter. Crestwood Advisors Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.2% in the 3rd quarter. Crestwood Advisors Group LLC now owns 10,632 shares of the company’s stock valued at $642,000 after purchasing an additional 426 shares during the last quarter. Finally, Global Wealth Management Investment Advisory Inc. increased its position in Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 89,858 shares of the company’s stock worth $5,429,000 after buying an additional 3,670 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT stock opened at $58.75 on Tuesday. The business has a 50 day simple moving average of $59.28 and a 200-day simple moving average of $59.06. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.1855 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.23 dividend on an annualized basis and a yield of 3.79%. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

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.