Bank of New York Mellon Corp Sells 45,064 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Bank of New York Mellon Corp decreased its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 2.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,987,237 shares of the company’s stock after selling 45,064 shares during the period. Bank of New York Mellon Corp owned about 0.38% of Vanguard Intermediate-Term Treasury Index ETF worth $115,260,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VGIT. Kestra Investment Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $28,000. YANKCOM Partnership bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $30,000. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $40,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $43,000. Finally, Hobbs Group Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after buying an additional 310 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ:VGIT opened at $59.25 on Friday. The company’s fifty day moving average price is $58.14 and its 200-day moving average price is $58.95. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.1912 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

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.