Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Large Volume Increase – What’s Next?

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) shares saw unusually-high trading volume on Wednesday . Approximately 5,196,979 shares changed hands during trading, an increase of 107% from the previous session’s volume of 2,516,062 shares.The stock last traded at $59.35 and had previously closed at $59.49.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

The stock has a 50-day moving average of $60.15 and a 200-day moving average of $58.79.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1851 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

Hedge funds have recently added to or reduced their stakes in the business. Motco bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 1st quarter worth $26,000. Fifth Third Bancorp raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Aspire Private Capital LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the second quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock worth $30,000 after purchasing an additional 485 shares during the period. GAMMA Investing LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth $31,000.

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.