Truist Financial Corp Boosts Stock Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Truist Financial Corp boosted its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 6.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,090,954 shares of the company’s stock after purchasing an additional 64,256 shares during the period. Truist Financial Corp owned about 0.19% of Vanguard Intermediate-Term Treasury ETF worth $65,490,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VGIT. Trust Co. of Toledo NA OH acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the 2nd quarter valued at approximately $25,000. Nemes Rush Group LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 703.1% in the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after acquiring an additional 450 shares in the last quarter. Fifth Third Bancorp purchased a new position in Vanguard Intermediate-Term Treasury ETF in the second quarter worth $34,000. True Wealth Design LLC lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 65.5% in the second quarter. True Wealth Design LLC now owns 576 shares of the company’s stock valued at $34,000 after acquiring an additional 228 shares during the period. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth $35,000.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

NASDAQ:VGIT opened at $59.81 on Thursday. The firm’s fifty day simple moving average is $60.01 and its 200-day simple moving average is $59.96. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $57.79 and a fifty-two week high of $60.57.

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.