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

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) reached a new 52-week low during trading on Friday . The stock traded as low as $58.62 and last traded at $58.63, with a volume of 1153621 shares trading hands. The stock had previously closed at $58.92.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.5%

The company has a 50 day moving average of $59.48 and a 200 day moving average of $59.86.

Vanguard Intermediate-Term Treasury ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.1872 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VGIT. Spire Wealth Management increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% in the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after acquiring an additional 398 shares during the last quarter. First Community Trust NA purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth $27,000. Fairway Wealth LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 1st quarter worth $27,000. JPL Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth $28,000. Finally, Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 4th quarter valued at about $30,000.

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.