Leavell Investment Management Inc. Reduces Stock Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Leavell Investment Management Inc. trimmed its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 26.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,513 shares of the company’s stock after selling 8,899 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $1,481,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGIT. Envestnet Portfolio Solutions Inc. lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 3.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 59,953 shares of the company’s stock valued at $3,510,000 after acquiring an additional 2,171 shares during the period. Montag A & Associates Inc. boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 67.4% in the first quarter. Montag A & Associates Inc. now owns 4,057 shares of the company’s stock valued at $238,000 after purchasing an additional 1,634 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the first quarter valued at $211,000. Edgehill Endowment Partners LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 18.1% during the 1st quarter. Edgehill Endowment Partners LLC now owns 2,074,380 shares of the company’s stock worth $121,455,000 after purchasing an additional 318,247 shares during the period. Finally, US Bancorp DE raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 39.1% during the 1st quarter. US Bancorp DE now owns 19,545 shares of the company’s stock valued at $1,144,000 after buying an additional 5,492 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT opened at $58.59 on Friday. The stock’s 50-day moving average price is $59.74 and its 200-day moving average price is $58.97. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $56.83 and a 52 week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1855 per share. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, November 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.80%.

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.