Aries Wealth Management Boosts Stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Aries Wealth Management increased its stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 16.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,352 shares of the company’s stock after purchasing an additional 1,994 shares during the quarter. Aries Wealth Management’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $836,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% in the first quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock worth $4,045,588,000 after acquiring an additional 52,754,036 shares during the last quarter. Nepc LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter worth $263,750,000. Midland Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at $200,889,000. Morningstar Investment Services LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 90.2% during the fourth quarter. Morningstar Investment Services LLC now owns 4,034,396 shares of the company’s stock valued at $239,522,000 after acquiring an additional 1,913,658 shares during the period. Finally, Summit Trail Advisors LLC increased its stake in Vanguard Intermediate-Term Treasury Index ETF by 92.0% during the first quarter. Summit Trail Advisors LLC now owns 3,160,233 shares of the company’s stock worth $185,032,000 after acquiring an additional 1,514,349 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ VGIT traded up $0.24 during midday trading on Friday, hitting $60.17. The stock had a trading volume of 1,394,712 shares, compared to its average volume of 2,470,560. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.07 and a 1-year high of $60.55. The company has a fifty day moving average price of $59.01 and a 200 day moving average price of $58.36.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were issued a $0.1847 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. This represents a $2.22 annualized dividend and a yield of 3.68%. The ex-dividend date was Thursday, August 1st.

Vanguard Intermediate-Term Treasury Index ETF 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.