Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sets New 12-Month High – Here’s Why

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $60.57 and last traded at $60.54, with a volume of 2730842 shares changing hands. The stock had previously closed at $60.47.

Vanguard Intermediate-Term Treasury ETF Price Performance

The business’s 50-day simple moving average is $60.06 and its two-hundred day simple moving average is $59.52.

Hedge Funds Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Proffitt & Goodson Inc. boosted its position in Vanguard Intermediate-Term Treasury ETF by 4.8% in the 3rd quarter. Proffitt & Goodson Inc. now owns 1,016,994 shares of the company’s stock valued at $61,050,000 after buying an additional 46,335 shares during the last quarter. Quattro Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Treasury ETF by 112.9% in the 3rd quarter. Quattro Financial Advisors LLC now owns 69,141 shares of the company’s stock valued at $4,151,000 after buying an additional 36,668 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth about $620,000. Discipline Wealth Solutions LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth about $1,692,000. Finally, Constellation Investments Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth about $8,644,000.

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.