Vanguard Intermediate-Term Government Bond ETF (VGIT) Shares Sold by Sandy Spring Bank

Vanguard Intermediate-Term Government Bond ETF (VGIT) Shares Sold by Sandy Spring Bank

Sandy Spring Bank decreased its stake in shares of Vanguard Intermediate-Term Government Bond ETF (NASDAQ:VGIT) by 52.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,874 shares of the company’s stock after selling 2,053 shares during the quarter. Sandy Spring Bank’s holdings in Vanguard Intermediate-Term Government Bond ETF were worth $121,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in VGIT. SCS Capital Management LLC bought a new stake in shares of Vanguard Intermediate-Term Government Bond ETF during the 4th quarter worth about $74,701,000. Choate Investment Advisors raised its stake in Vanguard Intermediate-Term Government Bond ETF by 130.5% in the 1st quarter. Choate Investment Advisors now owns 1,708,925 shares of the company’s stock worth $110,191,000 after purchasing an additional 967,508 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard Intermediate-Term Government Bond ETF by 43.0% in the 4th quarter. Bank of America Corp DE now owns 1,453,525 shares of the company’s stock worth $92,255,000 after purchasing an additional 437,207 shares in the last quarter. Mader & Shannon Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Government Bond ETF in the 4th quarter valued at approximately $23,749,000. Finally, IndexIQ Advisors LLC raised its position in shares of Vanguard Intermediate-Term Government Bond ETF by 238.5% in the 4th quarter. IndexIQ Advisors LLC now owns 459,371 shares of the company’s stock valued at $29,157,000 after buying an additional 323,659 shares in the last quarter.

Shares of NASDAQ:VGIT opened at $64.65 on Thursday. Vanguard Intermediate-Term Government Bond ETF has a 12 month low of $61.52 and a 12 month high of $64.71.

The company also recently announced a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a $0.124 dividend. This represents a $1.49 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend was Wednesday, May 1st.

About Vanguard Intermediate-Term Government Bond 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.

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Want to see what other hedge funds are holding VGIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Government Bond ETF (NASDAQ:VGIT).

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