Vanguard Intermediate-Term Treasury ETF $VGIT Stock Sold by Summitas Investment Management LLC

Summitas Investment Management LLC decreased its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 7.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 141,385 shares of the company’s stock after selling 11,925 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up about 6.0% of Summitas Investment Management LLC’s portfolio, making the stock its 4th biggest position. Summitas Investment Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $8,011,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sachem Hill LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 3.3% during the 1st quarter. Sachem Hill LLC now owns 5,756 shares of the company’s stock worth $343,000 after acquiring an additional 183 shares during the last quarter. Tempus Wealth Planning LLC boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 4.7% during the 3rd quarter. Tempus Wealth Planning LLC now owns 4,563 shares of the company’s stock worth $259,000 after buying an additional 203 shares in the last quarter. CX Institutional grew its holdings in Vanguard Intermediate-Term Treasury ETF by 5.5% in the third quarter. CX Institutional now owns 4,381 shares of the company’s stock worth $248,000 after purchasing an additional 227 shares during the period. Axis Wealth Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.0% during the first quarter. Axis Wealth Partners LLC now owns 11,887 shares of the company’s stock valued at $708,000 after acquiring an additional 342 shares in the last quarter. Finally, Fortress Financial Solutions LLC raised its holdings in Vanguard Intermediate-Term Treasury ETF by 5.6% during the first quarter. Fortress Financial Solutions LLC now owns 6,522 shares of the company’s stock worth $388,000 after buying an additional 345 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT stock traded up $0.06 during mid-day trading on Friday, reaching $57.13. 5,476,871 shares of the company traded hands, compared to its average volume of 4,079,485. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $56.35 and a fifty-two week high of $60.76. The firm’s 50 day moving average price is $57.53 and its 200 day moving average price is $58.43.

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.