Birchbrook Inc. Has $35.29 Million Stake in Vanguard Intermediate-Term Treasury ETF $VGIT

Birchbrook Inc. trimmed its holdings in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.1% in the second quarter, Holdings Channel reports. The institutional investor owned 589,975 shares of the company’s stock after selling 32,017 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 18.9% of Birchbrook Inc.’s investment portfolio, making the stock its biggest holding. Birchbrook Inc.’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $35,286,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGIT. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 17.9% in the first quarter. JPMorgan Chase & Co. now owns 77,458,516 shares of the company’s stock worth $4,601,041,000 after acquiring an additional 11,776,165 shares during the period. Maseco LLP purchased a new stake in Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth about $315,238,000. Heritage Financial Services LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 51.6% in the 1st quarter. Heritage Financial Services LLC now owns 4,231,512 shares of the company’s stock worth $251,352,000 after purchasing an additional 1,440,742 shares during the period. Creative Planning boosted its stake in Vanguard Intermediate-Term Treasury ETF by 9.4% in the 2nd quarter. Creative Planning now owns 15,055,511 shares of the company’s stock worth $900,470,000 after purchasing an additional 1,293,010 shares during the period. Finally, Empower Advisory Group LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 6.9% during the 1st quarter. Empower Advisory Group LLC now owns 18,245,406 shares of the company’s stock valued at $1,083,777,000 after buying an additional 1,173,609 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.2%

Shares of VGIT opened at $60.13 on Wednesday. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $57.40 and a twelve month high of $60.57. The business’s 50-day moving average price is $60.17 and its 200-day moving average price is $59.65.

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.