Cornerstone Wealth Advisors Inc. Purchases 12,775 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Cornerstone Wealth Advisors Inc. boosted its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 24.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,767 shares of the company’s stock after buying an additional 12,775 shares during the quarter. Vanguard Intermediate-Term Treasury ETF makes up 0.8% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 18th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,670,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 61.6% in the 1st quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock valued at $4,945,822,000 after acquiring an additional 31,643,968 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the fourth quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after buying an additional 8,679,152 shares during the period. Blue Trust Inc. raised its holdings in Vanguard Intermediate-Term Treasury ETF by 15.4% in the 1st quarter. Blue Trust Inc. now owns 7,236,263 shares of the company’s stock valued at $430,919,000 after buying an additional 966,134 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Treasury ETF by 15.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,689,898 shares of the company’s stock worth $394,570,000 after acquiring an additional 875,314 shares during the last quarter. Finally, Maseco LLP grew its holdings in Vanguard Intermediate-Term Treasury ETF by 5.8% during the 1st quarter. Maseco LLP now owns 6,491,988 shares of the company’s stock worth $386,500,000 after acquiring an additional 358,065 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of VGIT stock opened at $57.13 on Friday. The stock has a 50-day moving average of $57.53 and a 200-day moving average of $58.43. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $56.35 and a 1-year high of $60.76.

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. 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.