Cornerstone Wealth Advisors Inc. Acquires 2,885 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Cornerstone Wealth Advisors Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,235 shares of the company’s stock after buying an additional 2,885 shares during the period. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 0.6% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 21st biggest position. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $2,102,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $21,412,000. Sound Income Strategies LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 13.4% in the 4th quarter. Sound Income Strategies LLC now owns 1,714 shares of the company’s stock worth $99,000 after purchasing an additional 202 shares in the last quarter. Cornerstone Wealth Management LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth about $299,000. Brighton Jones LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth about $287,000. Finally, Secure Asset Management LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 20.1% in the 4th quarter. Secure Asset Management LLC now owns 101,847 shares of the company’s stock worth $5,907,000 after purchasing an additional 17,073 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.2 %

Shares of Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.06 on Friday. The firm’s 50-day moving average is $58.24 and its 200 day moving average is $59.09. 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 company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.1901 dividend. This is a boost 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.