Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Hits New 52-Week Low – Time to Sell?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $57.84 and last traded at $57.8850, with a volume of 2377210 shares traded. The stock had previously closed at $57.93.

Vanguard Intermediate-Term Treasury ETF Price Performance

The firm’s 50-day simple moving average is $58.42 and its two-hundred day simple moving average is $59.02.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at about $27,000. Fairway Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the first quarter worth $27,000. JPL Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth $28,000. Montgomery Financial Services LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF in the 2nd quarter valued at $29,000. Finally, Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter worth $30,000.

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.

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