AMI Investment Management Inc. Decreases Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

AMI Investment Management Inc. reduced its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 0.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,986 shares of the company’s stock after selling 1,035 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises approximately 3.8% of AMI Investment Management Inc.’s portfolio, making the stock its 5th biggest holding. AMI Investment Management Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $11,298,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of VGIT. JPMorgan Chase & Co. lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 322.8% in the 1st quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after buying an additional 52,754,036 shares during the last quarter. Employees Retirement System of Texas grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the second quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after buying an additional 21,468,000 shares during the last quarter. Creative Planning increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the second quarter. Creative Planning now owns 10,726,477 shares of the company’s stock worth $624,603,000 after buying an additional 880,734 shares during the period. RWA Wealth Partners LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.1% in the 1st quarter. RWA Wealth Partners LLC now owns 8,672,630 shares of the company’s stock valued at $507,782,000 after acquiring an additional 177,042 shares during the last quarter. Finally, Nepc LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 40.5% in the 1st quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock valued at $365,855,000 after acquiring an additional 1,802,367 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT traded down $0.49 on Friday, hitting $59.61. 2,205,236 shares of the company were exchanged, compared to its average volume of 2,502,610. The firm has a fifty day simple moving average of $60.12 and a two-hundred day simple moving average of $58.76. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $56.07 and a 12 month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.1851 dividend. This is a boost 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.