Cullen Frost Bankers Inc. Increases Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Cullen Frost Bankers Inc. grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 25.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,066 shares of the company’s stock after purchasing an additional 812 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $236,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VGIT. Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.2% during the third quarter. Janney Montgomery Scott LLC now owns 60,609 shares of the company’s stock valued at $3,662,000 after buying an additional 737 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at approximately $200,000. Lauterbach Financial Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.1% during the third quarter. Lauterbach Financial Advisors LLC now owns 14,587 shares of the company’s stock valued at $881,000 after buying an additional 2,539 shares during the last quarter. Executive Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.5% during the third quarter. Executive Wealth Management LLC now owns 587,281 shares of the company’s stock valued at $35,484,000 after buying an additional 14,468 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.7% during the third quarter. Assetmark Inc. now owns 8,040 shares of the company’s stock valued at $486,000 after buying an additional 1,436 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

NASDAQ:VGIT opened at $58.88 on Friday. The company’s 50 day moving average price is $58.26 and its 200-day moving average price is $58.92. 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 Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Intermediate-Term Treasury Index ETF Company 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.