McLean Asset Management Corp Buys 3,747 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

McLean Asset Management Corp raised its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 66.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,372 shares of the company’s stock after acquiring an additional 3,747 shares during the period. McLean Asset Management Corp’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $544,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VGIT. Bank of Montreal Can grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.7% in the 2nd quarter. Bank of Montreal Can now owns 193,685 shares of the company’s stock valued at $11,331,000 after buying an additional 6,893 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 378.2% in the 2nd quarter. AQR Capital Management LLC now owns 112,134 shares of the company’s stock valued at $6,530,000 after purchasing an additional 88,684 shares during the period. Creative Planning lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the 2nd quarter. Creative Planning now owns 10,726,477 shares of the company’s stock valued at $624,603,000 after purchasing an additional 880,734 shares during the period. Cape Cod Five Cents Savings Bank acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at about $23,392,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 319,532 shares of the company’s stock valued at $18,606,000 after purchasing an additional 12,883 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ:VGIT opened at $58.06 on Monday. The business’s 50-day moving average is $58.24 and its 200-day moving average is $59.10. 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 dividend of $0.1901 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date was Tuesday, December 24th.

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.