D.B. Root & Company LLC Invests $3.75 Million in Vanguard Intermediate-Term Treasury ETF $VGIT

D.B. Root & Company LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 62,748 shares of the company’s stock, valued at approximately $3,753,000. Vanguard Intermediate-Term Treasury ETF makes up about 1.1% of D.B. Root & Company LLC’s investment portfolio, making the stock its 21st biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth about $34,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter worth about $36,000. Anderson Financial Strategies LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at about $38,000. Rossby Financial LCC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at about $39,000. Finally, Spire Wealth Management increased its holdings in Vanguard Intermediate-Term Treasury ETF by 63.7% during the 1st quarter. Spire Wealth Management now owns 668 shares of the company’s stock worth $40,000 after purchasing an additional 260 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $59.96 on Monday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $57.40 and a twelve month high of $60.49. The stock’s 50 day moving average is $59.90 and its 200-day moving average is $59.44.

Vanguard Intermediate-Term Treasury ETF 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.