986,067 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT Acquired by Element Pointe Advisors LLC

Element Pointe Advisors LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 986,067 shares of the company’s stock, valued at approximately $55,871,000. Vanguard Intermediate-Term Treasury ETF accounts for approximately 7.9% of Element Pointe Advisors LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds have also recently made changes to their positions in VGIT. Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 61.6% during the first quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock worth $4,945,822,000 after purchasing an additional 31,643,968 shares in the last quarter. Blue Trust Inc. raised its stake in Vanguard Intermediate-Term Treasury ETF by 15.4% during the 1st quarter. Blue Trust Inc. now owns 7,236,263 shares of the company’s stock valued at $430,919,000 after purchasing an additional 966,134 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 15.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,689,898 shares of the company’s stock worth $394,570,000 after purchasing an additional 875,314 shares in the last quarter. Maseco LLP lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 5.8% in the 1st quarter. Maseco LLP now owns 6,491,988 shares of the company’s stock worth $386,500,000 after purchasing an additional 358,065 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 9.8% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 6,123,657 shares of the company’s stock worth $364,664,000 after purchasing an additional 546,311 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $57.00 on Thursday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $56.35 and a 1-year high of $60.76. The business has a 50 day simple moving average of $57.45 and a two-hundred day simple moving average of $58.38.

About Vanguard Intermediate-Term Treasury ETF

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.