Lowe Brockenbrough & Co. Inc. Acquires 59,584 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Lowe Brockenbrough & Co. Inc. increased its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 26.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 284,677 shares of the company’s stock after purchasing an additional 59,584 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $17,061,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VGIT. Bank of America Corp DE lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.9% in the 3rd quarter. Bank of America Corp DE now owns 49,761,596 shares of the company’s stock worth $2,987,189,000 after purchasing an additional 3,650,650 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 83.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock worth $451,113,000 after purchasing an additional 3,432,439 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 144.6% in the 2nd quarter. Corient Private Wealth LLC now owns 5,619,594 shares of the company’s stock worth $336,108,000 after purchasing an additional 3,322,064 shares in the last quarter. SCS Capital Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 12.1% in the 4th quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock worth $1,002,308,000 after purchasing an additional 1,805,448 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 46.3% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 5,495,265 shares of the company’s stock worth $329,881,000 after purchasing an additional 1,737,909 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.4%

Shares of VGIT opened at $58.56 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $58.37 and a 12-month high of $60.76. The business’s fifty day moving average is $59.18 and its 200 day moving average is $59.71.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.1935 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

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.