Secure Asset Management LLC Sells 114,355 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Secure Asset Management LLC lowered its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 17.2% during the 3rd quarter, Holdings Channel reports. The fund owned 549,929 shares of the company’s stock after selling 114,355 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up 3.9% of Secure Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Secure Asset Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $31,159,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Peirce Capital Management LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 3.8% during the 3rd quarter. Peirce Capital Management LLC now owns 272,308 shares of the company’s stock valued at $15,429,000 after purchasing an additional 9,925 shares in the last quarter. Novem Group raised its holdings in Vanguard Intermediate-Term Treasury ETF by 35.0% during the third quarter. Novem Group now owns 6,619 shares of the company’s stock worth $375,000 after buying an additional 1,715 shares during the last quarter. Kondo Wealth Advisors Inc. raised its holdings in Vanguard Intermediate-Term Treasury ETF by 4.2% during the third quarter. Kondo Wealth Advisors Inc. now owns 517,579 shares of the company’s stock worth $29,326,000 after buying an additional 21,100 shares during the last quarter. Hassell Wealth Management LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 2.3% in the third quarter. Hassell Wealth Management LLC now owns 320,310 shares of the company’s stock valued at $18,149,000 after buying an additional 7,154 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 14.4% in the third quarter. IFP Advisors Inc now owns 18,916 shares of the company’s stock valued at $1,072,000 after buying an additional 2,380 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

NASDAQ:VGIT opened at $56.99 on Tuesday. The firm has a 50-day moving average of $57.51 and a 200-day moving average of $58.41. Vanguard Intermediate-Term Treasury ETF has a one year low of $56.35 and a one year high of $60.76.

About Vanguard Intermediate-Term Treasury ETF

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.