Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Strong Trading Volume – Here’s What Happened

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) shares saw an uptick in trading volume on Tuesday . 7,928,161 shares changed hands during mid-day trading, an increase of 223% from the previous session’s volume of 2,452,035 shares.The stock last traded at $59.08 and had previously closed at $59.18.

Vanguard Intermediate-Term Treasury Index ETF Stock Down 0.2 %

The stock’s fifty day simple moving average is $58.28 and its 200-day simple moving average is $58.91.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 1,071.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 445 shares of the company’s stock worth $26,000 after buying an additional 407 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at about $28,000. YANKCOM Partnership purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter worth about $30,000. Bank of Jackson Hole Trust acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter worth approximately $40,000. Finally, Lowe Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the fourth quarter valued at approximately $43,000.

About Vanguard Intermediate-Term Treasury Index 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.