Vanguard Intermediate-Term Treasury ETF $VGIT Position Reduced by Summit Wealth & Retirement Planning Inc.

Summit Wealth & Retirement Planning Inc. trimmed its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 7.4% in the second quarter, HoldingsChannel.com reports. The firm owned 32,503 shares of the company’s stock after selling 2,586 shares during the quarter. Vanguard Intermediate-Term Treasury ETF comprises approximately 0.5% of Summit Wealth & Retirement Planning Inc.’s investment portfolio, making the stock its 26th biggest holding. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $1,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGIT. Rialto Wealth Management LLC raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 33.2% in the 2nd quarter. Rialto Wealth Management LLC now owns 71,174 shares of the company’s stock worth $4,257,000 after buying an additional 17,755 shares in the last quarter. Wedbush Securities Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 63.6% during the second quarter. Wedbush Securities Inc. now owns 16,736 shares of the company’s stock valued at $1,001,000 after buying an additional 6,507 shares in the last quarter. Harvest Portfolios Group Inc. boosted its stake in Vanguard Intermediate-Term Treasury ETF by 5.8% during the second quarter. Harvest Portfolios Group Inc. now owns 107,616 shares of the company’s stock valued at $6,437,000 after buying an additional 5,940 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 48.6% during the second quarter. Walkner Condon Financial Advisors LLC now owns 30,070 shares of the company’s stock worth $1,798,000 after acquiring an additional 9,830 shares during the period. Finally, Bryn Mawr Trust Advisors LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 63.1% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 45,400 shares of the company’s stock worth $2,715,000 after acquiring an additional 17,558 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of NASDAQ VGIT opened at $60.10 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $57.40 and a twelve month high of $60.57. The firm has a 50-day moving average of $60.17 and a two-hundred day moving average of $59.61.

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.