Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Sees Large Volume Increase – What’s Next?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) shares saw unusually-strong trading volume on Tuesday . Approximately 22,969,356 shares traded hands during trading, an increase of 279% from the previous session’s volume of 6,060,794 shares.The stock last traded at $59.9550 and had previously closed at $59.91.

Vanguard Intermediate-Term Treasury ETF Stock Up 0.1%

The company has a fifty day moving average of $60.07 and a two-hundred day moving average of $59.92.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

Several large investors have recently modified their holdings of VGIT. Permanent Capital Management LP acquired a new stake in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth $42,071,000. Croban increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 50.2% in the third quarter. Croban now owns 64,024 shares of the company’s stock worth $3,843,000 after acquiring an additional 21,388 shares in the last quarter. Emprise Bank raised its position in shares of Vanguard Intermediate-Term Treasury ETF by 11.1% during the third quarter. Emprise Bank now owns 522,320 shares of the company’s stock worth $31,355,000 after purchasing an additional 52,260 shares during the period. CWM LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.5% during the 3rd quarter. CWM LLC now owns 289,429 shares of the company’s stock valued at $17,374,000 after purchasing an additional 9,699 shares in the last quarter. Finally, Signaturefd LLC grew its position in shares of Vanguard Intermediate-Term Treasury ETF by 8.3% in the 2nd quarter. Signaturefd LLC now owns 2,801 shares of the company’s stock valued at $168,000 after purchasing an additional 214 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.