Montecito Bank & Trust Sells 32,391 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Montecito Bank & Trust decreased its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 34.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,448 shares of the company’s stock after selling 32,391 shares during the quarter. Montecito Bank & Trust’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $3,622,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Silver Oak Advisory Group Inc. increased its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.1% in the third quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock valued at $963,000 after buying an additional 171 shares during the period. Gladstone Institutional Advisory LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 4.7% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock valued at $235,000 after purchasing an additional 176 shares during the period. Hill Investment Group Partners LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.4% during the 3rd quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock worth $461,000 after purchasing an additional 187 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 8,450 shares of the company’s stock worth $499,000 after purchasing an additional 233 shares during the last quarter. Finally, Stevens Capital Partners lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.7% in the 3rd quarter. Stevens Capital Partners now owns 6,855 shares of the company’s stock worth $414,000 after purchasing an additional 242 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

VGIT opened at $57.94 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The company has a fifty day moving average of $58.25 and a 200-day moving average of $59.10.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.1901 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Tuesday, December 24th.

About Vanguard Intermediate-Term Treasury Index ETF

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.