Bangor Savings Bank Grows Stock Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Bangor Savings Bank raised its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 3.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,428,566 shares of the company’s stock after purchasing an additional 43,103 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF makes up about 8.1% of Bangor Savings Bank’s investment portfolio, making the stock its 2nd largest position. Bangor Savings Bank owned approximately 0.28% of Vanguard Intermediate-Term Treasury Index ETF worth $86,314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VGIT. Elevate Wealth Advisory Inc. bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $11,391,000. Northwest Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 82.9% in the 4th quarter. Northwest Wealth Management LLC now owns 141,109 shares of the company’s stock worth $8,371,000 after purchasing an additional 63,973 shares during the last quarter. First Financial Bankshares Inc acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $3,288,000. Creative Planning increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the fourth quarter. Creative Planning now owns 8,247,170 shares of the company’s stock valued at $489,222,000 after purchasing an additional 674,437 shares during the last quarter. Finally, Midland Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at about $200,889,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT opened at $59.44 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $56.07 and a 1 year high of $60.82. The stock’s 50-day moving average price is $60.14 and its two-hundred day moving average price is $58.78.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1851 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date was Tuesday, September 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.