Baird Financial Group Inc. Has $23.60 Million Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Baird Financial Group Inc. increased its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 12.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 400,131 shares of the company’s stock after buying an additional 43,156 shares during the quarter. Baird Financial Group Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $23,600,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. First Community Trust NA bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth about $27,000. Fairway Wealth LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF in the first quarter valued at about $27,000. JPL Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Treasury ETF in the third quarter valued at about $28,000. Montgomery Financial Services LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the second quarter worth about $29,000. Finally, Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth about $30,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT opened at $57.34 on Friday. The company has a 50-day moving average price of $58.33 and a two-hundred day moving average price of $58.96. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $57.32 and a 12 month 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.