Vanguard Intermediate-Term Treasury ETF $VGIT Shares Newly Bought by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 130,185 shares of the company’s stock, valued at approximately $7,376,000. Vanguard Intermediate-Term Treasury ETF accounts for approximately 2.6% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds also recently made changes to their positions in VGIT. Bank of America Corp DE lifted its stake in Vanguard Intermediate-Term Treasury ETF by 61.6% during the first quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock valued at $4,945,822,000 after purchasing an additional 31,643,968 shares during the last quarter. Focus Partners Wealth grew its position in Vanguard Intermediate-Term Treasury ETF by 32.7% in the fourth quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock worth $753,111,000 after buying an additional 3,095,022 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the fourth quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after buying an additional 8,679,152 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 15.4% in the first quarter. Blue Trust Inc. now owns 7,236,263 shares of the company’s stock valued at $430,919,000 after buying an additional 966,134 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of 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 valued at $394,570,000 after acquiring an additional 875,314 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT traded up $0.06 during trading hours on Thursday, hitting $56.66. 2,635,846 shares of the company were exchanged, compared to its average volume of 4,005,457. The firm has a fifty day simple moving average of $57.75 and a 200-day simple moving average of $58.55. Vanguard Intermediate-Term Treasury ETF has a one year low of $56.35 and a one year high of $60.76.

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.