2,322,605 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT Bought by Bangor Savings Bank

Bangor Savings Bank purchased a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 2,322,605 shares of the company’s stock, valued at approximately $131,599,000. Vanguard Intermediate-Term Treasury ETF accounts for about 10.0% of Bangor Savings Bank’s investment portfolio, making the stock its 2nd biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sachem Hill LLC grew its stake in Vanguard Intermediate-Term Treasury ETF by 3.3% during the first quarter. Sachem Hill LLC now owns 5,756 shares of the company’s stock worth $343,000 after buying an additional 183 shares in the last quarter. CX Institutional boosted its position in Vanguard Intermediate-Term Treasury ETF by 5.5% during the 3rd quarter. CX Institutional now owns 4,381 shares of the company’s stock worth $248,000 after buying an additional 227 shares during the period. Alteri Wealth LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 1.9% in the fourth quarter. Alteri Wealth LLC now owns 12,146 shares of the company’s stock valued at $728,000 after purchasing an additional 231 shares during the period. SouthState Bank Corp lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 1.8% in the fourth quarter. SouthState Bank Corp now owns 15,120 shares of the company’s stock worth $906,000 after acquiring an additional 268 shares during the period. Finally, Axis Wealth Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 3.0% in the 1st quarter. Axis Wealth Partners LLC now owns 11,887 shares of the company’s stock valued at $708,000 after purchasing an additional 342 shares during the last quarter.

Vanguard Intermediate-Term Treasury ETF Trading Up 0.2%

NASDAQ VGIT traded up $0.09 during trading hours on Tuesday, hitting $56.60. 5,865,374 shares of the company’s stock were exchanged, compared to its average volume of 4,002,171. The stock has a 50-day simple moving average of $57.82 and a 200 day simple moving average of $58.59. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $56.35 and a 1-year high of $60.76.

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. 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.