Citigroup Inc. Reduces Stock Holdings in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

Citigroup Inc. cut its position in shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 1.5% during the third quarter, Holdings Channel.com reports. The firm owned 114,495 shares of the company’s stock after selling 1,719 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Intermediate-Term Treasury Index ETF were worth $6,918,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VGIT. Employees Retirement System of Texas raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after buying an additional 21,468,000 shares during the period. Creative Planning raised its position in Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the second quarter. Creative Planning now owns 10,726,477 shares of the company’s stock valued at $624,603,000 after purchasing an additional 880,734 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at $48,681,000. Empower Advisory Group LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.3% during the 3rd quarter. Empower Advisory Group LLC now owns 15,788,033 shares of the company’s stock worth $953,913,000 after purchasing an additional 644,773 shares during the period. Finally, Burney Co. purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth $30,005,000.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.3 %

NASDAQ VGIT opened at $59.03 on Friday. The firm’s 50-day moving average is $59.14 and its two-hundred day moving average is $59.08. 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 company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.1855 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Friday, November 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.