Peterson Financial Group Inc. Has $414,000 Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Peterson Financial Group Inc. cut its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 9.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,846 shares of the company’s stock after selling 704 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF makes up approximately 1.6% of Peterson Financial Group Inc.’s portfolio, making the stock its 13th biggest position. Peterson Financial Group Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $414,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VGIT. Fifth Third Bancorp raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after acquiring an additional 200 shares in the last quarter. Aspire Private Capital LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after acquiring an additional 485 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth about $31,000. Hobbs Group Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth about $31,000. Finally, Morton Brown Family Wealth LLC bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth about $35,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT stock opened at $58.29 on Friday. The stock has a 50-day moving average price of $59.55 and a 200-day moving average price of $59.00. 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 Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.1855 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a dividend yield of 3.82%.

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.