Bank of New York Mellon Corp Reduces Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Bank of New York Mellon Corp trimmed its stake in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 3.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,062,951 shares of the company’s stock after selling 75,103 shares during the period. Bank of New York Mellon Corp owned 0.42% of Vanguard Intermediate-Term Treasury Index ETF worth $120,126,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.0 %

NASDAQ:VGIT opened at $60.14 on Wednesday. The company has a 50-day moving average price of $59.08 and a 200-day moving average price of $58.38. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $56.07 and a 12 month high of $60.55.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were given a dividend of $0.1847 per share. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. This represents a $2.22 dividend on an annualized basis and a yield of 3.69%. 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.