Shotwell Rutter Baer Inc Takes $7.10 Million Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Shotwell Rutter Baer Inc acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 119,423 shares of the company’s stock, valued at approximately $7,095,000. Vanguard Intermediate-Term Treasury Index ETF accounts for approximately 6.8% of Shotwell Rutter Baer Inc’s investment portfolio, making the stock its 5th biggest position.

Other large investors have also recently made changes to their positions in the company. Verity Asset Management Inc. lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 0.8% in the third quarter. Verity Asset Management Inc. now owns 21,077 shares of the company’s stock valued at $1,205,000 after purchasing an additional 173 shares during the last quarter. Falcon Wealth Planning grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the 4th quarter. Falcon Wealth Planning now owns 4,153 shares of the company’s stock worth $246,000 after acquiring an additional 173 shares during the period. Pinnacle Bancorp Inc. increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.7% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 6,813 shares of the company’s stock worth $389,000 after acquiring an additional 180 shares during the last quarter. Fifth Third Bancorp raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 24.3% in the 3rd quarter. Fifth Third Bancorp now owns 1,007 shares of the company’s stock valued at $58,000 after acquiring an additional 197 shares during the period. Finally, Angeles Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 10.9% during the third quarter. Angeles Wealth Management LLC now owns 2,036 shares of the company’s stock valued at $116,000 after purchasing an additional 200 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.3 %

VGIT opened at $58.64 on Thursday. The firm has a 50-day moving average price of $58.57 and a 200-day moving average price of $58.08. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were issued a dividend of $0.1496 per share. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Friday, March 1st.

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.