Kraft Asset Management LLC Buys 19,958 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Kraft Asset Management LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 23.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 104,290 shares of the company’s stock after purchasing an additional 19,958 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises about 4.7% of Kraft Asset Management LLC’s investment portfolio, making the stock its 7th biggest position. Kraft Asset Management LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $6,037,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VGIT. Mercer Global Advisors Inc. ADV lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 21,033 shares of the company’s stock worth $1,225,000 after purchasing an additional 862 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.7% during the second quarter. Bank of Montreal Can now owns 193,685 shares of the company’s stock worth $11,331,000 after purchasing an additional 6,893 shares in the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $96,000. AlTi Global Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.1% during the second quarter. AlTi Global Inc. now owns 45,456 shares of the company’s stock worth $2,647,000 after purchasing an additional 7,926 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 378.2% during the second quarter. AQR Capital Management LLC now owns 112,134 shares of the company’s stock worth $6,530,000 after purchasing an additional 88,684 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT opened at $58.02 on Thursday. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $57.03 and a 1 year high of $60.82. The company’s 50-day simple moving average is $58.26 and its 200-day simple moving average is $59.11.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.1901 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

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.