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

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

Vanguard Intermediate-Term Treasury ETF Price Performance

The company’s fifty 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 announced 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 Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Spire Wealth Management boosted its position in Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after buying an additional 398 shares during the period. First Community Trust NA purchased a new position in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at $27,000. Fairway Wealth LLC purchased a new position in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at $27,000. JPL Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth $28,000. Finally, Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth $30,000.

Vanguard Intermediate-Term Treasury ETF Company 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. 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.