Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Strong Trading Volume – Here’s Why

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw unusually-strong trading volume on Wednesday . Approximately 7,338,279 shares were traded during mid-day trading, an increase of 205% from the previous session’s volume of 2,402,105 shares.The stock last traded at $58.93 and had previously closed at $59.14.

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

The business’s 50 day moving average price is $58.23 and its 200-day moving average price is $58.94.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Intermediate-Term Treasury Index ETF

A number of large investors have recently modified their holdings of VGIT. Middleton & Co. Inc. MA grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 51.0% during the fourth quarter. Middleton & Co. Inc. MA now owns 76,280 shares of the company’s stock worth $4,424,000 after acquiring an additional 25,750 shares during the period. Opus Capital Group LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.7% during the 4th quarter. Opus Capital Group LLC now owns 755,258 shares of the company’s stock worth $43,805,000 after purchasing an additional 47,492 shares during the period. Principal Financial Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter valued at about $200,000. Fifth Third Bancorp lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 75.5% in the fourth quarter. Fifth Third Bancorp now owns 1,132 shares of the company’s stock valued at $66,000 after purchasing an additional 487 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 173.8% in the fourth quarter. GAMMA Investing LLC now owns 7,354 shares of the company’s stock valued at $427,000 after purchasing an additional 4,668 shares during the period.

Vanguard Intermediate-Term Treasury Index 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.