Connecticut Wealth Management LLC Increases Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Connecticut Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 129.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 97,442 shares of the company’s stock after buying an additional 54,895 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $5,780,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VGIT. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 33.5% during the third quarter. JPMorgan Chase & Co. now owns 20,426,546 shares of the company’s stock worth $1,167,377,000 after acquiring an additional 5,131,234 shares during the period. Empower Advisory Group LLC grew its stake in Vanguard Intermediate-Term Treasury Index ETF by 33.5% in the third quarter. Empower Advisory Group LLC now owns 16,554,929 shares of the company’s stock worth $946,114,000 after purchasing an additional 4,150,652 shares in the last quarter. Morgan Stanley increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 116.2% during the 3rd quarter. Morgan Stanley now owns 14,769,022 shares of the company’s stock worth $844,050,000 after purchasing an additional 7,937,334 shares during the period. SCS Capital Management LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter valued at $486,631,000. Finally, RWA Wealth Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 16.7% in the 4th quarter. RWA Wealth Partners LLC now owns 8,495,588 shares of the company’s stock worth $503,958,000 after buying an additional 1,214,192 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT traded up $0.25 during midday trading on Friday, reaching $57.66. 1,563,880 shares of the stock were exchanged, compared to its average volume of 2,862,777. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $56.07 and a 52 week high of $60.94. The company’s 50 day moving average is $57.98 and its two-hundred day moving average is $58.16.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.1739 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.