Burkett Financial Services LLC Trims Holdings in Vanguard Intermediate-Term Treasury ETF $VGIT

Burkett Financial Services LLC lowered its position in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 30.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,272 shares of the company’s stock after selling 30,881 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 1.2% of Burkett Financial Services LLC’s investment portfolio, making the stock its 13th largest position. Burkett Financial Services LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $3,982,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VGIT. Hickory Point Bank & Trust increased its position in Vanguard Intermediate-Term Treasury ETF by 32.9% in the 3rd quarter. Hickory Point Bank & Trust now owns 102,861 shares of the company’s stock valued at $5,828,000 after acquiring an additional 25,490 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in Vanguard Intermediate-Term Treasury ETF by 10.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 63,474 shares of the company’s stock valued at $3,744,000 after purchasing an additional 6,099 shares during the period. Envestnet Asset Management Inc. raised its position in Vanguard Intermediate-Term Treasury ETF by 15.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,689,898 shares of the company’s stock worth $394,570,000 after purchasing an additional 875,314 shares during the last quarter. Tortoise Investment Management LLC raised its position in Vanguard Intermediate-Term Treasury ETF by 12.6% during the 2nd quarter. Tortoise Investment Management LLC now owns 319,219 shares of the company’s stock worth $18,828,000 after purchasing an additional 35,748 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in Vanguard Intermediate-Term Treasury ETF by 9.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 16,543 shares of the company’s stock worth $976,000 after buying an additional 1,481 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.0%

Shares of NASDAQ VGIT traded down $0.02 during trading on Thursday, reaching $56.64. The company had a trading volume of 8,070,061 shares, compared to its average volume of 3,973,527. The company’s fifty day moving average price is $57.93 and its 200-day moving average price is $58.66. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $56.35 and a 12 month 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.