JPMorgan Chase & Co. Reduces Stock Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

JPMorgan Chase & Co. lowered its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 65,682,351 shares of the company’s stock after selling 6,020,822 shares during the quarter. JPMorgan Chase & Co. owned about 0.12% of Vanguard Intermediate-Term Treasury Index ETF worth $3,809,576,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGIT. Kestra Investment Management LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth $28,000. YANKCOM Partnership acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $30,000. Bank of Jackson Hole Trust acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at $40,000. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at about $43,000. Finally, Hobbs Group Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after buying an additional 310 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.1 %

Shares of Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.97 on Thursday. The firm’s 50-day moving average price is $58.57 and its 200 day moving average price is $58.83. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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