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

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

Vanguard Intermediate-Term Treasury ETF Trading Down 0.5%

The stock has a fifty day moving average of $59.48 and a two-hundred day moving average of $59.86.

Vanguard Intermediate-Term Treasury ETF Announces Dividend

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

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. Spire Wealth Management grew its stake in Vanguard Intermediate-Term Treasury ETF by 796.0% during the 4th quarter. Spire Wealth Management now owns 448 shares of the company’s stock valued at $27,000 after purchasing an additional 398 shares in the last quarter. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at approximately $27,000. Fairway Wealth LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at approximately $27,000. JPL Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 3rd quarter valued at approximately $28,000. Finally, Gilpin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at approximately $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.