Permanent Capital Management LP Makes New Investment in Vanguard Intermediate-Term Treasury ETF $VGIT

Permanent Capital Management LP bought a new position in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 700,835 shares of the company’s stock, valued at approximately $42,071,000. Vanguard Intermediate-Term Treasury ETF accounts for approximately 7.9% of Permanent Capital Management LP’s portfolio, making the stock its 2nd biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FSC Wealth Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury ETF by 10.8% during the 3rd quarter. FSC Wealth Advisors LLC now owns 48,052 shares of the company’s stock worth $2,885,000 after purchasing an additional 4,696 shares during the period. Sowell Financial Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 90.2% in the 3rd quarter. Sowell Financial Services LLC now owns 42,382 shares of the company’s stock worth $2,544,000 after buying an additional 20,094 shares during the period. Thompson Investment Management Inc. bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth $51,000. FSM Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Treasury ETF during the 3rd quarter worth $363,000. Finally, Apollon Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 8.4% during the third quarter. Apollon Wealth Management LLC now owns 148,532 shares of the company’s stock valued at $8,916,000 after buying an additional 11,553 shares during the period.

Vanguard Intermediate-Term Treasury ETF Stock Performance

VGIT stock opened at $60.00 on Monday. Vanguard Intermediate-Term Treasury ETF has a 1-year low of $57.40 and a 1-year high of $60.57. The business has a 50-day moving average price of $60.15 and a 200 day moving average price of $59.87.

Vanguard Intermediate-Term Treasury 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. 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.