Principal Financial Group Inc. Takes $200,000 Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Principal Financial Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the third quarter, HoldingsChannel.com reports. The firm purchased 3,315 shares of the company’s stock, valued at approximately $200,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at about $36,000. Hobbs Group Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 57.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 850 shares of the company’s stock worth $51,000 after purchasing an additional 310 shares during the last quarter. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at approximately $72,000. Marquette Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter valued at approximately $89,000. Finally, Semmax Financial Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth approximately $96,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGIT opened at $57.93 on Tuesday. The company has a fifty day simple moving average of $58.45 and a 200 day simple moving average of $59.14. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.1901 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Intermediate-Term Treasury Index 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.