Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Stock Holdings Lowered by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC trimmed its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 5.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 44,904 shares of the company’s stock after selling 2,348 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,664,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SCS Capital Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth $486,631,000. Morgan Stanley grew its position in Vanguard Intermediate-Term Treasury Index ETF by 116.2% during the 3rd quarter. Morgan Stanley now owns 14,769,022 shares of the company’s stock worth $844,050,000 after purchasing an additional 7,937,334 shares in the last quarter. FMR LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 32,472.7% during the 3rd quarter. FMR LLC now owns 6,039,631 shares of the company’s stock valued at $345,165,000 after purchasing an additional 6,021,089 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 33.5% in the third quarter. JPMorgan Chase & Co. now owns 20,426,546 shares of the company’s stock valued at $1,167,377,000 after purchasing an additional 5,131,234 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 33.5% in the third quarter. Empower Advisory Group LLC now owns 16,554,929 shares of the company’s stock worth $946,114,000 after buying an additional 4,150,652 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT traded down $0.08 during trading hours on Wednesday, reaching $57.67. The company’s stock had a trading volume of 2,195,950 shares, compared to its average volume of 2,835,083. The company has a 50 day moving average of $57.96 and a two-hundred day moving average of $58.21. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.07 and a 1-year high of $60.73.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.1739 per share. The ex-dividend date of this dividend was Wednesday, May 1st.

About Vanguard Intermediate-Term Treasury Index ETF

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.