Nixon Peabody Trust Co. Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Nixon Peabody Trust Co. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 22,602 shares of the company’s stock, valued at approximately $1,366,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Employees Retirement System of Texas lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after buying an additional 21,468,000 shares in the last quarter. Empower Advisory Group LLC raised its position in Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the third quarter. Empower Advisory Group LLC now owns 15,788,033 shares of the company’s stock worth $953,913,000 after acquiring an additional 644,773 shares during the period. Creative Planning lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 7.8% during the third quarter. Creative Planning now owns 11,557,959 shares of the company’s stock valued at $698,332,000 after purchasing an additional 831,482 shares in the last quarter. Nepc LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 40.5% in the first quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock valued at $365,855,000 after purchasing an additional 1,802,367 shares during the period. Finally, Mather Group LLC. increased its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 10.6% during the second quarter. Mather Group LLC. now owns 4,136,910 shares of the company’s stock worth $242,216,000 after purchasing an additional 395,262 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.1 %

Shares of VGIT traded down $0.04 during mid-day trading on Monday, hitting $58.25. 84,296 shares of the company were exchanged, compared to its average volume of 2,549,882. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82. The company has a 50 day moving average of $59.55 and a 200-day moving average of $59.02.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1855 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.82%. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

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.