Sequoia Financial Advisors LLC Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Sequoia Financial Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,191 shares of the company’s stock, valued at approximately $1,171,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VGIT. Middleton & Co. Inc. MA boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 51.0% during the 4th quarter. Middleton & Co. Inc. MA now owns 76,280 shares of the company’s stock valued at $4,424,000 after acquiring an additional 25,750 shares during the period. Opus Capital Group LLC grew its stake in Vanguard Intermediate-Term Treasury Index ETF by 6.7% in the fourth quarter. Opus Capital Group LLC now owns 755,258 shares of the company’s stock valued at $43,805,000 after purchasing an additional 47,492 shares during the last quarter. Principal Financial Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $200,000. Fifth Third Bancorp grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 1,132 shares of the company’s stock worth $66,000 after purchasing an additional 487 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 173.8% during the 4th quarter. GAMMA Investing LLC now owns 7,354 shares of the company’s stock valued at $427,000 after buying an additional 4,668 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.3 %

NASDAQ VGIT opened at $58.92 on Friday. The company has a fifty day simple moving average of $58.36 and a two-hundred day simple moving average of $58.89. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.