Eastern Bank Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Eastern Bank acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,930 shares of the company’s stock, valued at approximately $117,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VGIT. Motco acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth about $26,000. Fifth Third Bancorp lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after buying an additional 200 shares in the last quarter. Aspire Private Capital LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after acquiring an additional 485 shares during the last quarter. GAMMA Investing LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth about $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at about $31,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.1 %

Shares of VGIT stock opened at $59.08 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $56.26 and a 1 year high of $60.82. The firm’s 50 day moving average is $60.04 and its 200-day moving average is $58.87.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1851 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.