Fairway Wealth LLC Acquires New Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Fairway Wealth LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 885 shares of the company’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $28,000. YANKCOM Partnership purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth approximately $30,000. Bank of Jackson Hole Trust acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth $40,000. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at $43,000. Finally, Hobbs Group Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the third quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after purchasing an additional 310 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT stock opened at $59.18 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The firm has a fifty day simple moving average of $58.28 and a 200-day simple moving average of $58.91.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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