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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw an uptick in trading volume on Wednesday . 5,196,979 shares traded hands during mid-day 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 Price Performance

The company has a fifty day simple moving average of $60.15 and a two-hundred day simple moving average of $58.79.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

Large investors have recently made changes to their positions in the stock. Motco acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the first quarter valued at $26,000. Fifth Third Bancorp boosted its stake 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 valued at $28,000 after acquiring an additional 200 shares during the last quarter. Aspire Private Capital LLC lifted its position in 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 buying an additional 485 shares during the period. GAMMA Investing LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter worth about $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.