Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Strong Trading Volume

Shares of Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw an uptick in trading volume on Thursday . 3,636,426 shares were traded during mid-day trading, an increase of 36% from the previous session’s volume of 2,677,175 shares.The stock last traded at $57.68 and had previously closed at $57.35.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

The stock has a 50-day simple moving average of $57.02 and a 200-day simple moving average of $58.09.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 5th. Shareholders of record on Tuesday, October 3rd were given a $0.138 dividend. The ex-dividend date of this dividend was Monday, October 2nd. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.14.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VGIT. Empower Advisory Group LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the first quarter worth about $716,880,000. SCS Capital Management LLC bought a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth about $486,631,000. Morgan Stanley grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 116.2% during the third quarter. Morgan Stanley now owns 14,769,022 shares of the company’s stock worth $844,050,000 after purchasing an additional 7,937,334 shares during the last quarter. FMR LLC grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 32,472.7% during the third quarter. FMR LLC now owns 6,039,631 shares of the company’s stock worth $345,165,000 after purchasing an additional 6,021,089 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 33.5% during the third quarter. JPMorgan Chase & Co. now owns 20,426,546 shares of the company’s stock worth $1,167,377,000 after purchasing an additional 5,131,234 shares during the last quarter.

About Vanguard Intermediate-Term Treasury Index ETF

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.