Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Hits New 52-Week Low – What’s Next?

Shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) reached a new 52-week low during trading on Monday . The company traded as low as $58.17 and last traded at $58.17, with a volume of 1348758 shares traded. The stock had previously closed at $58.24.

Vanguard Intermediate-Term Treasury ETF Stock Performance

The firm’s 50-day simple moving average is $58.52 and its two-hundred day simple moving average is $59.09.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.2061 per share. The ex-dividend date is Tuesday, September 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous dividend of $0.19.

Hedge Funds Weigh In On Vanguard Intermediate-Term Treasury ETF

Several hedge funds have recently made changes to their positions in VGIT. Tucker Asset Management LLC acquired a new stake in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth about $45,000. Schulz Wealth LTD. purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter valued at about $1,349,000. Strategic Financial Services Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.5% in the second quarter. Strategic Financial Services Inc. now owns 2,797,607 shares of the company’s stock valued at $165,003,000 after purchasing an additional 94,028 shares during the period. Ameritas Advisory Services LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 45.9% in the second quarter. Ameritas Advisory Services LLC now owns 40,038 shares of the company’s stock valued at $2,361,000 after purchasing an additional 12,594 shares during the period. Finally, Guardian Wealth Advisors LLC NC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 86.5% in the second quarter. Guardian Wealth Advisors LLC NC now owns 6,823 shares of the company’s stock valued at $402,000 after purchasing an additional 3,165 shares during the period.

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.