Raymond James Financial Inc. Takes Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Raymond James Financial Inc. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,638,481 shares of the company’s stock, valued at approximately $95,032,000. Raymond James Financial Inc. owned approximately 0.31% of Vanguard Intermediate-Term Treasury Index ETF as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Silver Oak Advisory Group Inc. boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 1.1% during the 3rd quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock valued at $963,000 after buying an additional 171 shares during the period. Hill Investment Group Partners LLC boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 2.4% during the 3rd quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock valued at $461,000 after buying an additional 187 shares during the period. Sound Income Strategies LLC boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 13.4% during the 4th quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock valued at $99,000 after buying an additional 202 shares during the period. Cape Investment Advisory Inc. boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 28.1% during the 4th quarter. Cape Investment Advisory Inc. now owns 971 shares of the company’s stock valued at $56,000 after buying an additional 213 shares during the period. Finally, Swmg LLC boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 7.4% during the 4th quarter. Swmg LLC now owns 3,920 shares of the company’s stock valued at $227,000 after buying an additional 271 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT opened at $58.88 on Friday. The firm has a fifty day simple moving average of $58.26 and a two-hundred day simple moving average of $58.92. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

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

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.