Valmark Advisers Inc. Has $64.80 Million Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Valmark Advisers Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 5.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,072,424 shares of the company’s stock after acquiring an additional 59,508 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF makes up about 1.0% of Valmark Advisers Inc.’s investment portfolio, making the stock its 22nd largest position. Valmark Advisers Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $64,796,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VGIT. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% in the first quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after acquiring an additional 52,754,036 shares in the last quarter. Employees Retirement System of Texas raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the second quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock worth $1,251,072,000 after acquiring an additional 21,468,000 shares during the period. Creative Planning boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 7.8% in the 3rd quarter. Creative Planning now owns 11,557,959 shares of the company’s stock worth $698,332,000 after purchasing an additional 831,482 shares during the period. Nepc LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 40.5% during the 1st quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock worth $365,855,000 after purchasing an additional 1,802,367 shares in the last quarter. Finally, Mather Group LLC. lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 10.6% in the second quarter. Mather Group LLC. now owns 4,136,910 shares of the company’s stock valued at $242,216,000 after purchasing an additional 395,262 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.1 %

Shares of NASDAQ:VGIT traded down $0.06 during mid-day trading on Tuesday, reaching $58.83. 1,246,398 shares of the stock were exchanged, compared to its average volume of 2,523,954. The stock’s 50 day simple moving average is $60.00 and its 200-day simple moving average is $58.90. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $56.42 and a one year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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