Oakworth Capital Inc. Takes $26.64 Million Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Oakworth Capital Inc. bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 449,051 shares of the company’s stock, valued at approximately $26,638,000. Vanguard Intermediate-Term Treasury Index ETF makes up approximately 2.1% of Oakworth Capital Inc.’s holdings, making the stock its 14th biggest holding.

Several other hedge funds have also recently made changes to their positions in VGIT. Glass Jacobson Investment Advisors llc grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 89.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 5,309 shares of the company’s stock valued at $303,000 after purchasing an additional 2,505 shares during the last quarter. Meridian Financial Partners LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at approximately $228,000. Moss Adams Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 0.7% in the third quarter. Moss Adams Wealth Advisors LLC now owns 1,037,547 shares of the company’s stock worth $59,296,000 after buying an additional 7,530 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $462,000. Finally, Anderson Hoagland & Co. bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $9,619,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.3 %

Shares of VGIT traded up $0.20 during trading hours on Wednesday, hitting $57.36. The company had a trading volume of 1,153,139 shares, compared to its average volume of 3,063,685. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $56.07 and a one year high of $60.94. The company’s fifty day moving average price is $58.25 and its two-hundred day moving average price is $58.14.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1762 per share. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.15.

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.