Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) is Bangor Savings Bank’s 3rd Largest Position

Bangor Savings Bank increased its position in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,140,248 shares of the company’s stock after acquiring an additional 40,051 shares during the quarter. Vanguard Intermediate-Term Treasury Index ETF comprises 7.6% of Bangor Savings Bank’s investment portfolio, making the stock its 3rd largest holding. Bangor Savings Bank owned approximately 0.48% of Vanguard Intermediate-Term Treasury Index ETF worth $66,887,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 22.9% during the 4th quarter. JPMorgan Chase & Co. now owns 37,644,031 shares of the company’s stock valued at $2,201,422,000 after buying an additional 7,013,814 shares in the last quarter. Empower Advisory Group LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the 1st quarter valued at about $716,880,000. Personal Capital Advisors Corp purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $647,165,000. Charles Schwab Investment Management Inc. grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 3.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,934,743 shares of the company’s stock valued at $436,265,000 after buying an additional 200,042 shares in the last quarter. Finally, Adviser Investments LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 4.0% during the 1st quarter. Adviser Investments LLC now owns 6,326,612 shares of the company’s stock valued at $379,344,000 after buying an additional 241,090 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT traded down $0.10 during trading hours on Friday, reaching $57.57. 574,026 shares of the company’s stock traded hands, compared to its average volume of 2,393,490. The firm’s 50 day simple moving average is $58.12 and its 200-day simple moving average is $59.11. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $57.08 and a 12 month high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 7th. Stockholders of record on Tuesday, September 5th were given a dividend of $0.1353 per share. The ex-dividend date of this dividend was Friday, September 1st. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.13.

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.