Acropolis Investment Management LLC Buys 1,434,397 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Acropolis Investment Management LLC grew its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 1,959.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,507,605 shares of the company’s stock after buying an additional 1,434,397 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up 4.1% of Acropolis Investment Management LLC’s holdings, making the stock its 7th biggest holding. Acropolis Investment Management LLC owned approximately 0.25% of Vanguard Intermediate-Term Treasury ETF worth $90,351,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Howard Wealth Management LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 4.4% during the 3rd quarter. Howard Wealth Management LLC now owns 4,074 shares of the company’s stock worth $245,000 after acquiring an additional 172 shares during the last quarter. Sachem Hill LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.7% during the third quarter. Sachem Hill LLC now owns 5,374 shares of the company’s stock valued at $323,000 after purchasing an additional 193 shares in the last quarter. E&G Advisors LP grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 0.9% during the third quarter. E&G Advisors LP now owns 22,699 shares of the company’s stock worth $1,363,000 after purchasing an additional 194 shares during the last quarter. Armstrong Advisory Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 1.1% during the fourth quarter. Armstrong Advisory Group Inc. now owns 17,850 shares of the company’s stock worth $1,070,000 after purchasing an additional 194 shares during the last quarter. Finally, Sunflower Bank N.A. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 4.4% in the fourth quarter. Sunflower Bank N.A. now owns 4,806 shares of the company’s stock valued at $288,000 after buying an additional 202 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.1%

Shares of NASDAQ VGIT opened at $59.17 on Friday. The company has a 50 day simple moving average of $59.92 and a 200 day simple moving average of $60.05. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $58.42 and a 1 year high of $60.76.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1746 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

Vanguard Intermediate-Term Treasury ETF Company Profile

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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.