Pinnacle Bancorp Inc. Grows Stock Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Pinnacle Bancorp Inc. grew its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 13.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 21,978 shares of the company’s stock after purchasing an additional 2,664 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $1,275,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Employees Retirement System of Texas raised its position in Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% in the second quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after purchasing an additional 21,468,000 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at about $68,099,000. Summit Trail Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 36.2% during the 3rd quarter. Summit Trail Advisors LLC now owns 3,992,551 shares of the company’s stock valued at $241,230,000 after buying an additional 1,060,467 shares during the period. Creative Planning lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 8.9% during the 2nd quarter. Creative Planning now owns 10,726,477 shares of the company’s stock worth $624,603,000 after acquiring an additional 880,734 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.3% in the 3rd quarter. Empower Advisory Group LLC now owns 15,788,033 shares of the company’s stock worth $953,913,000 after acquiring an additional 644,773 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.7 %

Shares of NASDAQ:VGIT opened at $57.89 on Thursday. The company has a 50 day moving average of $58.29 and a two-hundred day moving average of $59.10. Vanguard Intermediate-Term Treasury Index ETF has a 52-week low of $57.03 and a 52-week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.1901 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Tuesday, December 24th.

Vanguard Intermediate-Term Treasury Index ETF 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.