Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Reaches New 1-Year Low – Here’s Why

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

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

The business’s fifty day simple moving average is $58.54 and its 200-day simple moving average is $59.12.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a dividend of $0.1945 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Several hedge funds have recently bought and sold shares of the stock. 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 valued at $4,945,822,000 after purchasing an additional 31,643,968 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after buying an additional 5,493,522 shares in the last quarter. Morgan Stanley boosted its stake in Vanguard Intermediate-Term Treasury ETF by 14.0% during the fourth quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock valued at $1,354,958,000 after buying an additional 2,778,949 shares during the last quarter. SCS Capital Management LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 12.1% during the fourth quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after buying an additional 1,805,448 shares during the last quarter. Finally, Creative Planning grew its holdings in Vanguard Intermediate-Term Treasury ETF by 9.3% during the 3rd quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after buying an additional 1,401,442 shares in the last quarter.

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.