McAdam LLC Sells 1,918 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

McAdam LLC cut its position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 16.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 9,709 shares of the company’s stock after selling 1,918 shares during the period. McAdam LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $577,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGIT. Brighton Jones LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $287,000. Northern Trust Corp boosted its stake in Vanguard Intermediate-Term Treasury ETF by 14.2% during the fourth quarter. Northern Trust Corp now owns 58,736 shares of the company’s stock valued at $3,407,000 after buying an additional 7,324 shares during the last quarter. Cresset Asset Management LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 70.6% during the fourth quarter. Cresset Asset Management LLC now owns 9,157 shares of the company’s stock valued at $531,000 after buying an additional 3,788 shares during the last quarter. Gotham Asset Management LLC bought a new position in Vanguard Intermediate-Term Treasury ETF during the fourth quarter valued at approximately $1,093,000. Finally, Pathstone Holdings LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF by 30.5% during the fourth quarter. Pathstone Holdings LLC now owns 370,765 shares of the company’s stock valued at $21,504,000 after buying an additional 86,625 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of VGIT stock opened at $60.30 on Thursday. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $57.40 and a 1 year high of $60.82. The stock’s 50 day simple moving average is $59.60 and its two-hundred day simple moving average is $59.31.

Vanguard Intermediate-Term Treasury ETF 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.