Federated Hermes Inc. Makes New Investment in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Federated Hermes Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,473 shares of the company’s stock, valued at approximately $87,000.

Several other institutional investors have also recently made changes to their positions in the company. Oakworth Capital Inc. purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth about $26,638,000. Marietta Wealth Management LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 17.5% during the fourth quarter. Marietta Wealth Management LLC now owns 74,875 shares of the company’s stock valued at $4,442,000 after buying an additional 11,138 shares during the last quarter. Peirce Capital Management LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth $13,524,000. LifePlan Financial LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth $3,210,000. Finally, Flputnam Investment Management Co. increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 9.4% during the fourth quarter. Flputnam Investment Management Co. now owns 873,566 shares of the company’s stock valued at $51,820,000 after acquiring an additional 74,859 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.1 %

VGIT opened at $57.69 on Tuesday. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $56.07 and a 1 year high of $60.73. The stock has a 50-day moving average price of $57.97 and a 200-day moving average price of $58.20.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.1739 dividend. The ex-dividend date was 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.