Morningstar Investment Management LLC Decreases Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Morningstar Investment Management LLC reduced its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 40.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 72,197 shares of the company’s stock after selling 49,427 shares during the quarter. Vanguard Intermediate-Term Treasury ETF accounts for approximately 0.4% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 25th biggest holding. Morningstar Investment Management LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $4,318,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 17.9% during the first quarter. JPMorgan Chase & Co. now owns 77,458,516 shares of the company’s stock worth $4,601,041,000 after purchasing an additional 11,776,165 shares during the last quarter. Empower Advisory Group LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 6.9% during the first quarter. Empower Advisory Group LLC now owns 18,245,406 shares of the company’s stock worth $1,083,777,000 after purchasing an additional 1,173,609 shares during the last quarter. SCS Capital Management LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 2.1% during the first quarter. SCS Capital Management LLC now owns 10,725,550 shares of the company’s stock worth $637,098,000 after purchasing an additional 220,305 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 3.0% during the first quarter. Focus Partners Wealth now owns 8,078,018 shares of the company’s stock worth $479,834,000 after purchasing an additional 235,951 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 14.0% during the second quarter. Blue Trust Inc. now owns 6,501,658 shares of the company’s stock worth $388,864,000 after purchasing an additional 799,674 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Price Performance

Shares of Vanguard Intermediate-Term Treasury ETF stock opened at $60.25 on Tuesday. The firm has a fifty day moving average price of $59.96 and a 200 day moving average price of $59.48. Vanguard Intermediate-Term Treasury ETF has a 1 year low of $57.40 and a 1 year high of $60.49.

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.