Sand Hill Global Advisors LLC Purchases 42,315 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Sand Hill Global Advisors LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 259.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,606 shares of the company’s stock after acquiring an additional 42,315 shares during the quarter. Sand Hill Global Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $3,399,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VGIT. Sound Income Strategies LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 13.4% during the fourth quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock worth $99,000 after acquiring an additional 202 shares during the period. Cape Investment Advisory Inc. grew its position in Vanguard Intermediate-Term Treasury Index ETF by 28.1% during the fourth quarter. Cape Investment Advisory Inc. now owns 971 shares of the company’s stock worth $56,000 after buying an additional 213 shares in the last quarter. CIBC Private Wealth Group LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 9.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,011 shares of the company’s stock valued at $174,000 after acquiring an additional 250 shares in the last quarter. Swmg LLC raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.4% in the 4th quarter. Swmg LLC now owns 3,920 shares of the company’s stock valued at $227,000 after buying an additional 271 shares in the last quarter. Finally, Guidance Point Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.8% during the 4th quarter. Guidance Point Advisors LLC now owns 6,190 shares of the company’s stock worth $359,000 after acquiring an additional 283 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

NASDAQ VGIT opened at $59.47 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The company’s 50-day simple moving average is $58.79 and its 200 day simple moving average is $58.74.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.1964 per share. This represents a $2.36 dividend on an annualized basis and a yield of 3.96%. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. The ex-dividend date was Tuesday, April 1st.

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.