Summitas Investment Management LLC Buys New Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Summitas Investment Management LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the first quarter, according to its most recent filing with the SEC. The firm bought 176,879 shares of the company’s stock, valued at approximately $10,533,000. Vanguard Intermediate-Term Treasury ETF comprises 8.3% of Summitas Investment Management LLC’s holdings, making the stock its 3rd biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Exencial Wealth Advisors LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 3.3% during the fourth quarter. Exencial Wealth Advisors LLC now owns 5,720 shares of the company’s stock valued at $343,000 after acquiring an additional 181 shares during the period. Joel Adams & Associates Inc. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 2.8% in the fourth quarter. Joel Adams & Associates Inc. now owns 6,994 shares of the company’s stock worth $419,000 after purchasing an additional 192 shares during the period. Sachem Hill LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% in the fourth quarter. Sachem Hill LLC now owns 5,573 shares of the company’s stock worth $334,000 after purchasing an additional 199 shares during the period. Sunflower Bank N.A. lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% during the 4th quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock worth $288,000 after purchasing an additional 202 shares during the last quarter. Finally, Avion Wealth lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 10.6% during the 4th quarter. Avion Wealth now owns 2,122 shares of the company’s stock worth $127,000 after purchasing an additional 203 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $58.44 on Wednesday. The business has a 50 day moving average price of $58.76 and a 200 day moving average price of $59.41. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $58.37 and a twelve month high of $60.76.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

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

Vanguard Intermediate-Term Treasury 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. 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.