Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Reaches New 52-Week Low – Time to Sell?

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGITGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $57.28 and last traded at $57.2620, with a volume of 259027 shares. The stock had previously closed at $57.34.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.2%

The firm’s fifty day simple moving average is $58.33 and its 200 day simple moving average is $58.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VGIT. First Community Trust NA purchased a new position in Vanguard Intermediate-Term Treasury ETF during the 1st quarter valued at about $27,000. Fairway Wealth LLC acquired a new position in Vanguard Intermediate-Term Treasury ETF in the 1st quarter worth about $27,000. JPL Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth about $28,000. Montgomery Financial Services LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 2nd quarter worth about $29,000. Finally, Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the 4th quarter valued at about $30,000.

About Vanguard Intermediate-Term Treasury ETF

(Get Free Report)

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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.

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