21,378 Shares in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Purchased by Avalon Capital Management

Avalon Capital Management purchased a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,378 shares of the company’s stock, valued at approximately $1,270,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Iron Horse Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 28.5% in the 1st quarter. Iron Horse Wealth Management LLC now owns 901 shares of the company’s stock valued at $54,000 after purchasing an additional 200 shares during the period. CIBC Private Wealth Group LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 9.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,011 shares of the company’s stock valued at $174,000 after purchasing an additional 250 shares during the period. Foster Victor Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 0.4% in the 1st quarter. Foster Victor Wealth Advisors LLC now owns 63,532 shares of the company’s stock valued at $3,727,000 after purchasing an additional 250 shares during the period. Concurrent Investment Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 2.5% in the first quarter. Concurrent Investment Advisors LLC now owns 10,483 shares of the company’s stock worth $623,000 after buying an additional 255 shares during the last quarter. Finally, Spire Wealth Management increased its holdings in Vanguard Intermediate-Term Treasury ETF by 63.7% in the first quarter. Spire Wealth Management now owns 668 shares of the company’s stock worth $40,000 after buying an additional 260 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

NASDAQ:VGIT opened at $59.34 on Monday. Vanguard Intermediate-Term Treasury ETF has a 52 week low of $57.40 and a 52 week high of $60.82. The stock’s 50 day moving average price is $59.17 and its 200 day moving average price is $58.94.

Vanguard Intermediate-Term Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were given a $0.1879 dividend. The ex-dividend date was Tuesday, July 1st.

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.