Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sets New 12-Month High – Still a Buy?

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

Vanguard Intermediate-Term Treasury ETF Stock Up 0.2%

The firm’s 50 day moving average price is $60.00 and its 200-day moving average price is $60.06.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors 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 Trading of Vanguard Intermediate-Term Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Spire Wealth Management boosted its position in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after buying an additional 398 shares during the last quarter. JPL Wealth Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at about $28,000. Gilpin Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at about $30,000. Nemes Rush Group LLC grew its stake in shares of Vanguard Intermediate-Term Treasury ETF by 703.1% in the second quarter. Nemes Rush Group LLC now owns 514 shares of the company’s stock worth $31,000 after acquiring an additional 450 shares during the period. Finally, Crewe Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury ETF in the fourth quarter worth approximately $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.