Vanguard Intermediate-Term Treasury ETF $VGIT Stake Reduced by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC reduced its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 2.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 172,918 shares of the company’s stock after selling 4,822 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up 2.6% of Founders Grove Wealth Partners LLC’s holdings, making the stock its 9th biggest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $10,342,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC increased its stake in Vanguard Intermediate-Term Treasury ETF by 58.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 111,545 shares of the company’s stock worth $6,626,000 after buying an additional 41,134 shares during the period. DAVENPORT & Co LLC increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 20.4% during the first quarter. DAVENPORT & Co LLC now owns 5,610 shares of the company’s stock worth $333,000 after acquiring an additional 952 shares during the last quarter. Spire Wealth Management increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 63.7% during the first quarter. Spire Wealth Management now owns 668 shares of the company’s stock worth $40,000 after acquiring an additional 260 shares during the last quarter. Signaturefd LLC increased its position in shares of Vanguard Intermediate-Term Treasury ETF by 8.3% during the second quarter. Signaturefd LLC now owns 2,801 shares of the company’s stock worth $168,000 after acquiring an additional 214 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth approximately $255,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

VGIT opened at $60.25 on Tuesday. The company has a 50-day moving average of $59.96 and a 200-day moving average of $59.48. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $57.40 and a 1-year high of $60.49.

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.