Arkadios Wealth Advisors Sells 2,460 Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Arkadios Wealth Advisors reduced its holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 31.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,407 shares of the company’s stock after selling 2,460 shares during the quarter. Arkadios Wealth Advisors’ holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $314,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Lowe Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter valued at approximately $43,000. Hobbs Group Advisors LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock valued at $51,000 after purchasing an additional 310 shares in the last quarter. Marquette Asset Management LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth $89,000. Compagnie Lombard Odier SCmA bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at $101,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter valued at about $103,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.1 %

Shares of NASDAQ:VGIT opened at $57.94 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82. The business’s 50 day moving average is $58.25 and its 200 day moving average is $59.10.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.1901 per share. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend 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.