D.A. Davidson & CO. Buys 87,452 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

D.A. Davidson & CO. bought a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the 3rd quarter, Holdings Channel reports. The fund bought 87,452 shares of the company’s stock, valued at approximately $4,955,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGIT. Montgomery Financial Services LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF during the second quarter valued at approximately $29,000. GK Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth approximately $31,000. Signaturefd LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the third quarter valued at $31,000. Rosenberg Matthew Hamilton bought a new stake in Vanguard Intermediate-Term Treasury ETF during the third quarter worth $41,000. Finally, Tucker Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF in the 2nd quarter valued at about $45,000.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of NASDAQ VGIT opened at $57.75 on Friday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $56.35 and a twelve month high of $60.76. The business’s 50 day moving average price is $57.32 and its two-hundred day moving average price is $58.75.

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.