Sowell Financial Services LLC Purchases Shares of 13,297 Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Sowell Financial Services LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,297 shares of the company’s stock, valued at approximately $771,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGIT. Principal Financial Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $200,000. Assetmark Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.7% in the 3rd quarter. Assetmark Inc. now owns 8,040 shares of the company’s stock worth $486,000 after buying an additional 1,436 shares during the last quarter. Baker Avenue Asset Management LP purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $305,000. Harbour Investments Inc. boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 17.4% in the 3rd quarter. Harbour Investments Inc. now owns 49,670 shares of the company’s stock worth $3,001,000 after buying an additional 7,378 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.0% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 45,387 shares of the company’s stock worth $2,742,000 after buying an additional 872 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ VGIT opened at $59.04 on Wednesday. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The stock’s 50 day moving average price is $58.30 and its 200-day moving average price is $58.90.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1731 dividend. 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.