King Luther Capital Management Corp Makes New $804,000 Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

King Luther Capital Management Corp acquired a new position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 14,192 shares of the company’s stock, valued at approximately $804,000.

Other hedge funds have also recently bought and sold shares of the company. Montgomery Financial Services LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the second quarter valued at about $29,000. Simplex Trading LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter worth about $30,000. AlphaCore Capital LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 428.4% during the 3rd quarter. AlphaCore Capital LLC now owns 539 shares of the company’s stock worth $31,000 after acquiring an additional 437 shares in the last quarter. GK Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $31,000. Finally, Signaturefd LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $31,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ VGIT traded down $0.05 during mid-day trading on Friday, reaching $56.90. 4,929,999 shares of the company traded hands, compared to its average volume of 4,250,780. The company’s fifty day moving average is $57.16 and its two-hundred day moving average is $58.63. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $56.35 and a fifty-two week high of $60.76.

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.