Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 7.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 69,581 shares of the company’s stock after acquiring an additional 4,678 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $4,036,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VGIT. O Shaughnessy Asset Management LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 1,071.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 445 shares of the company’s stock valued at $26,000 after buying an additional 407 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth approximately $28,000. YANKCOM Partnership purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at approximately $30,000. Bank of Jackson Hole Trust acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $40,000. Finally, Lowe Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $43,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.66 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82. The stock’s fifty day moving average is $58.89 and its two-hundred day moving average is $58.71.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced 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 is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. This represents a $2.36 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend 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.