Armis Advisers LLC Makes New $748,000 Investment in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)

Armis Advisers LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 12,904 shares of the company’s stock, valued at approximately $748,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 71,703,173 shares of the company’s stock worth $4,332,306,000 after purchasing an additional 313,398 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 25.9% during the 4th quarter. Bank of America Corp DE now owns 64,068,771 shares of the company’s stock valued at $3,715,989,000 after acquiring an additional 13,198,415 shares during the last quarter. Empower Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 8.1% during the 4th quarter. Empower Advisory Group LLC now owns 17,071,797 shares of the company’s stock valued at $990,164,000 after acquiring an additional 1,283,764 shares during the last quarter. SCS Capital Management LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 5.4% during the 4th quarter. SCS Capital Management LLC now owns 10,505,245 shares of the company’s stock valued at $609,304,000 after acquiring an additional 540,916 shares during the last quarter. Finally, RWA Wealth Partners LLC boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 2.5% during the 4th quarter. RWA Wealth Partners LLC now owns 8,642,884 shares of the company’s stock valued at $501,287,000 after acquiring an additional 206,738 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.2%

NASDAQ VGIT opened at $58.93 on Monday. Vanguard Intermediate-Term Treasury ETF has a one year low of $57.35 and a one year high of $60.82. The stock has a 50 day moving average price of $59.18 and a 200-day moving average price of $58.67.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1872 per share. The ex-dividend date was Thursday, May 1st. This represents a $2.25 dividend on an annualized basis and a dividend yield of 3.81%.

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.