Pinnacle Financial Partners Inc Cuts Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Pinnacle Financial Partners Inc reduced its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 49.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 14,102 shares of the company’s stock after selling 14,002 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $847,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VGIT. Trust Co. of Toledo NA OH acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth about $25,000. Nemes Rush Group LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 703.1% during the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after purchasing an additional 450 shares during the period. Fifth Third Bancorp purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the second quarter worth about $34,000. True Wealth Design LLC lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 65.5% during the second quarter. True Wealth Design LLC now owns 576 shares of the company’s stock worth $34,000 after purchasing an additional 228 shares in the last quarter. Finally, Financial Gravity Companies Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF in the second quarter valued at approximately $35,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $59.79 on Monday. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $57.79 and a fifty-two week high of $60.57. The company has a 50 day moving average price of $60.06 and a 200 day moving average price of $59.93.

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.