Lowe Brockenbrough & Co. Inc. Boosts Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Lowe Brockenbrough & Co. Inc. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 14.1% in the third quarter, HoldingsChannel reports. The firm owned 225,093 shares of the company’s stock after buying an additional 27,764 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $13,512,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VGIT. Bank of America Corp DE boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% in the 2nd quarter. Bank of America Corp DE now owns 46,110,946 shares of the company’s stock valued at $2,757,896,000 after buying an additional 500,574 shares in the last quarter. Empower Advisory Group LLC lifted its position in Vanguard Intermediate-Term Treasury ETF by 4.5% during the second quarter. Empower Advisory Group LLC now owns 19,075,152 shares of the company’s stock valued at $1,140,885,000 after acquiring an additional 829,746 shares during the last quarter. Creative Planning boosted its stake in Vanguard Intermediate-Term Treasury ETF by 9.4% in the second quarter. Creative Planning now owns 15,055,511 shares of the company’s stock valued at $900,470,000 after acquiring an additional 1,293,010 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 83.5% in the second quarter. Ameriprise Financial Inc. now owns 7,543,279 shares of the company’s stock valued at $451,113,000 after acquiring an additional 3,432,439 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Treasury ETF by 8.4% in the third quarter. Blue Trust Inc. now owns 7,048,173 shares of the company’s stock worth $423,102,000 after purchasing an additional 546,515 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

Shares of VGIT opened at $59.89 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $57.79 and a 12 month high of $60.57. The stock has a fifty day moving average price of $59.92 and a 200-day moving average price of $59.99.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1913 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.