Nicolet Advisory Services LLC Lowers Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Nicolet Advisory Services LLC reduced its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 34.7% in the fourth quarter, Holdings Channel reports. The firm owned 41,159 shares of the company’s stock after selling 21,873 shares during the period. Nicolet Advisory Services LLC’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,367,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VGIT. O Shaughnessy Asset Management LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 1,071.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 445 shares of the company’s stock valued at $26,000 after buying an additional 407 shares during the period. Kestra Investment Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth about $28,000. YANKCOM Partnership bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth approximately $30,000. Bank of Jackson Hole Trust purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $40,000. Finally, Lowe Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at approximately $43,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ:VGIT opened at $59.27 on Thursday. The company’s fifty day moving average price is $58.69 and its 200-day moving average price is $58.78. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.1964 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. The ex-dividend date is Tuesday, April 1st. This represents a $2.36 dividend on an annualized basis and a yield of 3.98%.

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.