Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Reaches New 1-Year High – Still a Buy?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $60.65 and last traded at $60.6950, with a volume of 12459 shares traded. The stock had previously closed at $60.55.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.3%

The stock’s 50 day moving average price is $60.01 and its 200 day moving average price is $60.07.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.1913 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of large investors have recently modified their holdings of VGIT. Spire Wealth Management boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after acquiring an additional 398 shares during the period. JPL Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth $28,000. Gilpin Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter valued at $30,000. Nemes Rush Group LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 703.1% during the 2nd quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock valued at $31,000 after purchasing an additional 450 shares in the last quarter. Finally, Crewe Advisors LLC purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth $32,000.

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.