Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is Jackson Thornton Wealth Management LLC’s 6th Largest Position

Jackson Thornton Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 17.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 552,645 shares of the company’s stock after buying an additional 82,420 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF makes up about 4.1% of Jackson Thornton Wealth Management LLC’s holdings, making the stock its 6th biggest position. Jackson Thornton Wealth Management LLC owned approximately 0.10% of Vanguard Intermediate-Term Treasury Index ETF worth $32,053,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth approximately $28,000. YANKCOM Partnership bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $30,000. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $40,000. Lowe Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $43,000. Finally, Hobbs Group Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after purchasing an additional 310 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Vanguard Intermediate-Term Treasury Index ETF stock opened at $59.19 on Monday. The firm’s fifty day simple moving average is $58.49 and its 200-day simple moving average is $58.84. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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

About Vanguard Intermediate-Term Treasury Index ETF

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.