Independent Financial Group LLC Invests $2.61 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

Independent Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 43,847 shares of the company’s stock, valued at approximately $2,611,000.

Several other institutional investors have also bought and sold shares of the stock. BIP Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 19.4% during the fourth quarter. BIP Wealth LLC now owns 76,343 shares of the company’s stock valued at $4,575,000 after acquiring an additional 12,422 shares during the period. Dopkins Wealth Management LLC lifted its position in Vanguard Intermediate-Term Treasury ETF by 12.2% in the fourth quarter. Dopkins Wealth Management LLC now owns 91,414 shares of the company’s stock worth $5,478,000 after purchasing an additional 9,924 shares during the period. Trivium Point Advisory LLC lifted its position in Vanguard Intermediate-Term Treasury ETF by 32.1% in the fourth quarter. Trivium Point Advisory LLC now owns 44,800 shares of the company’s stock worth $2,685,000 after purchasing an additional 10,885 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Vanguard Intermediate-Term Treasury ETF by 172.4% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 28,133 shares of the company’s stock valued at $1,686,000 after purchasing an additional 17,804 shares in the last quarter. Finally, Valmark Advisers Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 3.1% during the 4th quarter. Valmark Advisers Inc. now owns 3,106,042 shares of the company’s stock valued at $186,145,000 after purchasing an additional 92,729 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $58.68 on Friday. The stock’s fifty day moving average is $58.78 and its 200-day moving average is $59.43. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.37 and a one year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.1879 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Intermediate-Term Treasury ETF Company 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.