Financial Connections Group Inc. Purchases Shares of 738 Vanguard Intermediate-Term Treasury ETF $VGIT

Financial Connections Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 738 shares of the company’s stock, valued at approximately $44,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGIT. Trust Co. of Toledo NA OH bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 2nd quarter worth approximately $25,000. Fifth Third Bancorp bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the second quarter worth $34,000. Financial Gravity Asset Management Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the first quarter worth $36,000. Anderson Financial Strategies LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF in the first quarter worth $38,000. Finally, Rossby Financial LCC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter valued at about $39,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock opened at $60.20 on Friday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $57.40 and a 1 year high of $60.49. The firm has a 50-day moving average of $59.95 and a 200 day moving average of $59.47.

About Vanguard Intermediate-Term Treasury ETF

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.