Park Avenue Securities LLC Increases Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Park Avenue Securities LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 9.8% in the second quarter, Holdings Channel.com reports. The institutional investor owned 30,915 shares of the company’s stock after buying an additional 2,762 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $1,800,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Motco acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 1st quarter worth $26,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth about $29,000. GAMMA Investing LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000. Sachetta LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at about $36,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at approximately $42,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.2 %

Shares of NASDAQ VGIT traded down $0.13 during midday trading on Wednesday, reaching $59.66. 2,188,988 shares of the stock were exchanged, compared to its average volume of 2,519,742. The company has a 50 day simple moving average of $58.53 and a 200 day simple moving average of $58.27. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.55.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a $0.1847 dividend. This represents a $2.22 annualized dividend and a yield of 3.72%. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Thursday, August 1st.

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.