Bangor Savings Bank Makes New Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Bangor Savings Bank bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 2,322,605 shares of the company’s stock, valued at approximately $131,599,000. Vanguard Intermediate-Term Treasury ETF makes up 10.0% of Bangor Savings Bank’s portfolio, making the stock its 2nd largest position. Bangor Savings Bank owned about 0.34% of Vanguard Intermediate-Term Treasury ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VGIT. Prism Planning Partners LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter worth approximately $8,656,000. Miller Investment Management LP grew its stake in Vanguard Intermediate-Term Treasury ETF by 5,236.3% during the fourth quarter. Miller Investment Management LP now owns 1,190,950 shares of the company’s stock worth $71,374,000 after buying an additional 1,168,632 shares during the last quarter. Rinkey Investments acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the second quarter worth approximately $734,000. Fifth Third Bancorp raised its stake in shares of Vanguard Intermediate-Term Treasury ETF by 20,827.5% in the first quarter. Fifth Third Bancorp now owns 391,345 shares of the company’s stock valued at $23,305,000 after acquiring an additional 389,475 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in Vanguard Intermediate-Term Treasury ETF by 17.4% during the 4th quarter. Corient Private Wealth LLC now owns 3,542,479 shares of the company’s stock worth $212,317,000 after acquiring an additional 526,037 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.2%

VGIT traded up $0.09 during mid-day trading on Tuesday, reaching $56.60. The stock had a trading volume of 5,865,374 shares, compared to its average volume of 4,002,171. The firm’s fifty day simple moving average is $57.82 and its two-hundred day simple moving average is $58.59. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $56.35 and a 52 week 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.