Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sets New 12-Month Low – What’s Next?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITGet Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $57.04 and last traded at $57.0250, with a volume of 489531 shares traded. The stock had previously closed at $57.32.

Vanguard Intermediate-Term Treasury ETF Price Performance

The firm’s fifty day moving average price is $58.14 and its 200-day moving average price is $58.79.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VGIT. First Community Trust NA bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter worth about $27,000. Fairway Wealth LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth $27,000. Montgomery Financial Services LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF in the 2nd quarter valued at about $29,000. DT Investment Partners LLC bought a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at about $32,000. Finally, Bell Investment Advisors Inc bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the first quarter valued at approximately $33,000.

About Vanguard Intermediate-Term Treasury ETF

(Get Free Report)

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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.

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