Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Large Volume Increase – Still a Buy?

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw unusually-high trading volume on Tuesday . Approximately 7,928,161 shares traded hands during 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 Performance

The company’s 50-day moving average is $58.34 and its 200 day moving average is $58.90.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

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

Vanguard Intermediate-Term Treasury Index 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.