Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sets New 52-Week Low – Should You Sell?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $58.37 and last traded at $58.37, with a volume of 272991 shares. The stock had previously closed at $58.44.

Vanguard Intermediate-Term Treasury ETF Price Performance

The firm has a 50-day moving average price of $58.74 and a 200 day moving average price of $59.38.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.1879 per share. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in shares of Vanguard Intermediate-Term Treasury ETF by 61.6% in the 1st quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock worth $4,945,822,000 after buying an additional 31,643,968 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% during the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after buying an additional 5,493,522 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 14.0% during the 4th quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock valued at $1,354,958,000 after buying an additional 2,778,949 shares during the last quarter. SCS Capital Management LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 12.1% during the fourth quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock worth $1,002,308,000 after acquiring an additional 1,805,448 shares during the period. Finally, Creative Planning raised its stake in Vanguard Intermediate-Term Treasury ETF by 9.3% during the third quarter. Creative Planning now owns 16,456,953 shares of the company’s stock worth $987,910,000 after acquiring an additional 1,401,442 shares during the period.

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.