Power Wealth Management LLC Purchases Shares of 9,676 Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Power Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 9,676 shares of the company’s stock, valued at approximately $574,000.

Several other hedge funds have also recently made changes to their positions in the business. Anchor Investment Management LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth about $25,000. Iron Horse Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 57.0% during the 4th quarter. Iron Horse Wealth Management LLC now owns 551 shares of the company’s stock worth $33,000 after acquiring an additional 200 shares during the period. Tennessee Valley Asset Management Partners bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth approximately $42,000. Authentikos Wealth Advisory LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter valued at approximately $48,000. Finally, Householder Group Estate & Retirement Specialist LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 56.0% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 844 shares of the company’s stock valued at $50,000 after purchasing an additional 303 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT traded up $0.25 during trading on Friday, reaching $57.66. The stock had a trading volume of 1,563,880 shares, compared to its average volume of 2,862,777. The stock’s 50 day moving average is $57.98 and its two-hundred day moving average is $58.17. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $56.07 and a one year high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a dividend of $0.1739 per share. The ex-dividend date of this dividend is Wednesday, May 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.