Cravens & Co Advisors LLC Has $9.41 Million Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Cravens & Co Advisors LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 20.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 155,753 shares of the company’s stock after buying an additional 26,435 shares during the period. Vanguard Intermediate-Term Treasury Index ETF makes up 7.3% of Cravens & Co Advisors LLC’s portfolio, making the stock its 6th largest position. Cravens & Co Advisors LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $9,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cadence Bank bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth approximately $303,000. D.A. Davidson & CO. increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 31.6% during the third quarter. D.A. Davidson & CO. now owns 10,891 shares of the company’s stock worth $658,000 after acquiring an additional 2,617 shares in the last quarter. Bank of Montreal Can lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 40.6% in the 3rd quarter. Bank of Montreal Can now owns 272,410 shares of the company’s stock valued at $16,505,000 after acquiring an additional 78,725 shares in the last quarter. Hancock Whitney Corp increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the 3rd quarter. Hancock Whitney Corp now owns 60,300 shares of the company’s stock worth $3,643,000 after purchasing an additional 2,471 shares in the last quarter. Finally, Summit Trail Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 36.2% during the third quarter. Summit Trail Advisors LLC now owns 3,992,551 shares of the company’s stock worth $241,230,000 after buying an additional 1,060,467 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

NASDAQ:VGIT opened at $58.69 on Wednesday. The stock has a 50-day simple moving average of $59.24 and a 200 day simple moving average of $59.06. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.1855 per share. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.23 annualized dividend and a yield of 3.79%.

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.