Marion Wealth Management Purchases 10,399 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Marion Wealth Management raised its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 213,538 shares of the company’s stock after purchasing an additional 10,399 shares during the period. Vanguard Intermediate-Term Treasury ETF accounts for approximately 2.4% of Marion Wealth Management’s portfolio, making the stock its 10th largest position. Marion Wealth Management’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $12,099,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGIT. Fairway Wealth LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 1st quarter valued at $27,000. Montgomery Financial Services LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the second quarter worth $29,000. GK Wealth Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the third quarter worth $31,000. Rosenberg Matthew Hamilton bought a new position in Vanguard Intermediate-Term Treasury ETF during the third quarter worth $41,000. Finally, Tucker Asset Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the second quarter worth $45,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $57.45 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12-month low of $56.35 and a 12-month high of $60.76. The company’s fifty day simple moving average is $57.43 and its 200 day simple moving average is $58.36.

Vanguard Intermediate-Term Treasury ETF 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.