Geneos Wealth Management Inc. Reduces Position in Vanguard Intermediate-Term Treasury Index ETF

Geneos Wealth Management Inc. has reduced its holdings in the Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) by 43.8% during the fourth quarter, as reported by Holdings Channel. Following this reduction, the firm now owns 611 shares after selling 476 shares in that period. At the conclusion of the latest reporting cycle, Geneos Wealth Management's investment in the Vanguard Intermediate-Term Treasury Index ETF was valued at approximately $35,000.

Several other hedge funds have also adjusted their stakes in the Vanguard Intermediate-Term Treasury Index ETF. For instance, Kovitz Investment Group Partners LLC made a notable investment by acquiring a new stake worth around $68,099,000 in the third quarter. Summit Trail Advisors LLC increased its position in the ETF by 36.2%, bringing its total shares to 3,992,551, valued at approximately $241,230,000 after adding an additional 1,060,467 shares. Similarly, Creative Planning augmented its holdings by 7.8%, now controlling 11,557,959 shares valued at $698,332,000 following the acquisition of 831,482 additional shares. Empower Advisory Group LLC also raised its investment by 4.3%, resulting in ownership of 15,788,033 shares valued at $953,913,000 after purchasing an additional 644,773 shares in the previous quarter. Lastly, Cerity Partners LLC increased its stake by 29.1%, holding a total of 2,291,226 shares valued at $138,436,000 after an additional purchase of 517,044 shares.

Current Trading Status of Vanguard Intermediate-Term Treasury Index ETF

The shares of NASDAQ:VGIT opened at $58.33. The ETF has recorded a one-year low of $57.03 and a one-year high of $60.82. Currently, the fifty-day moving average price stands at $58.24, while the two-hundred-day moving average price is $59.08.

Recent Dividend Announcement

Recently, the Vanguard Intermediate-Term Treasury Index ETF announced a dividend that was disbursed on December 27th. Shareholders who were on record as of December 24th received a dividend payment of $0.1901 per share. This marks an increase compared to the previous dividend amount of $0.19.

About Vanguard Intermediate-Term Treasury Index ETF

The Vanguard Intermediate-Term Treasury Index ETF aims to track the performance of a market-weighted government bond index characterized by an intermediate-term, dollar-weighted average maturity. The ETF utilizes a passive management strategy or indexing investment approach designed to follow the performance of the Barclays Capital U.S. Treasury Index.

Vanguard, ETF, Investment