Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sets New 1-Year Low – Should You Sell?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $58.37 and last traded at $58.37, with a volume of 272991 shares traded. The stock had previously closed at $58.44.

Vanguard Intermediate-Term Treasury ETF Stock Performance

The stock’s 50 day moving average is $58.76 and its two-hundred day moving average is $59.41.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.1879 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. BIP Wealth LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 19.4% in the 4th quarter. BIP Wealth LLC now owns 76,343 shares of the company’s stock valued at $4,575,000 after buying an additional 12,422 shares during the last quarter. Dopkins Wealth Management LLC lifted its position in Vanguard Intermediate-Term Treasury ETF by 12.2% in the fourth quarter. Dopkins Wealth Management LLC now owns 91,414 shares of the company’s stock valued at $5,478,000 after acquiring an additional 9,924 shares during the last quarter. Trivium Point Advisory LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 32.1% in the fourth quarter. Trivium Point Advisory LLC now owns 44,800 shares of the company’s stock valued at $2,685,000 after acquiring an additional 10,885 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 172.4% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 28,133 shares of the company’s stock worth $1,686,000 after purchasing an additional 17,804 shares during the last quarter. Finally, Valmark Advisers Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.1% during the fourth quarter. Valmark Advisers Inc. now owns 3,106,042 shares of the company’s stock worth $186,145,000 after purchasing an additional 92,729 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Company Profile

(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.

Further Reading

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