Tandem Investment Partners LLC Increases Stock Position in Vanguard Intermediate-Term Treasury ETF $VGIT

Tandem Investment Partners LLC boosted its stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,050 shares of the company’s stock after purchasing an additional 3,540 shares during the period. Vanguard Intermediate-Term Treasury ETF makes up approximately 2.2% of Tandem Investment Partners LLC’s holdings, making the stock its 17th largest position. Tandem Investment Partners LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $2,575,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. RB Capital Management LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 0.3% during the 2nd quarter. RB Capital Management LLC now owns 67,502 shares of the company’s stock valued at $4,037,000 after buying an additional 179 shares during the last quarter. Iron Horse Wealth Management LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 28.5% during the 1st quarter. Iron Horse Wealth Management LLC now owns 901 shares of the company’s stock valued at $54,000 after buying an additional 200 shares during the last quarter. Beaird Harris Wealth Management LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 4.6% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 4,778 shares of the company’s stock valued at $284,000 after buying an additional 211 shares during the last quarter. Signaturefd LLC raised its stake in Vanguard Intermediate-Term Treasury ETF by 8.3% during the 2nd quarter. Signaturefd LLC now owns 2,801 shares of the company’s stock valued at $168,000 after buying an additional 214 shares during the last quarter. Finally, Whitcomb & Hess Inc. raised its stake in Vanguard Intermediate-Term Treasury ETF by 0.6% during the 2nd quarter. Whitcomb & Hess Inc. now owns 40,244 shares of the company’s stock valued at $2,407,000 after buying an additional 225 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.2%

Shares of VGIT opened at $59.96 on Friday. The firm has a fifty day simple moving average of $59.90 and a two-hundred day simple moving average of $59.44. 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.