B. Riley Wealth Advisors Inc. Acquires New Position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

B. Riley Wealth Advisors Inc. bought a new position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,007 shares of the company’s stock, valued at approximately $302,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of VGIT. Fifth Third Bancorp grew its position in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the last quarter. McAdam LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 4.5% in the 2nd quarter. McAdam LLC now owns 11,280 shares of the company’s stock worth $657,000 after purchasing an additional 486 shares during the last quarter. Beacon Capital Management LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth about $36,000. Banque Pictet & Cie SA grew its position in Vanguard Intermediate-Term Treasury Index ETF by 1.9% in the 2nd quarter. Banque Pictet & Cie SA now owns 26,700 shares of the company’s stock worth $1,555,000 after purchasing an additional 500 shares during the last quarter. Finally, Wooster Corthell Wealth Management Inc. grew its position in Vanguard Intermediate-Term Treasury Index ETF by 2.5% in the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 437,322 shares of the company’s stock worth $25,465,000 after purchasing an additional 10,630 shares during the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

NASDAQ VGIT opened at $58.15 on Friday. The company has a 50-day moving average price of $58.71 and a two-hundred day moving average price of $59.15. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $57.03 and a 52 week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.1855 dividend. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a dividend yield of 3.83%.

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.