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NASDAQ:VGIT

Vanguard Intermediate-Term Treasury Index ETF (VGIT) Price, Holdings, & News

$58.10
+0.22 (+0.38%)
(As of 06/4/2024 ET)
Today's Range
$58.00
$58.15
50-Day Range
$57.14
$58.64
52-Week Range
$56.07
$59.67
Volume
2.72 million shs
Average Volume
2.81 million shs
Market Capitalization
$26.01 billion
Assets Under Management
$27.50 billion
Dividend Yield
3.10%
Net Expense Ratio
0.04%
VGIT stock logo

About Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT)

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. At least 80% of the Fund’s assets will be invested in bonds included in the Index. The Fund’s investment advisor is Vanguard Fixed Income Group.

VGIT Stock Price History

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Fund Details

Issuer
Vanguard
Fund Name
Vanguard Intermediate-Term Treasury Index ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:VGIT
Inception Date
11/19/2009
Fund Manager
Joshua C. Barrickman

Fund Focus

Asset Class
Fixed Income
Benchmark
Bloomberg U.S. Treasury 3-10 Year Index
Category
U.S. Government
Focus
Broad Market
Development Level
Developed Markets
Region
North America
Number of Holdings
109

Fund Statistics

Assets Under Management
$27.22 billion
Average Daily Volume
$2.43 million
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
The Vanguard Group, Inc.
Advisor
The Vanguard Group, Inc.
Custodian
JPMorgan Chase Bank, N.A.
Distributor
Vanguard Marketing Corporation
Transfer Agent
The Vanguard Group, Inc.
Trustee
N/A
Lead Market Maker
Susquehanna

Options

Optionable
Optionable
Options Volume
50
Put Options
1
Call Options
50
Short Interest
710,200 shs

Miscellaneous

Beta
0.03
Creation Unit
50,000
Creation Fee
$100.00
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Vanguard Intermediate-Term Treasury Index ETF Expenses

TypeVGITBroad Market ETFsFixed Income ETFsNASDAQ ETFsAll ETFs
Management Fee0.03%0.46%0.32%0.48%0.51%
Other Expenses0.01%0.34%0.27%0.34%0.58%
Total Expense0.04%0.58%0.40%0.58%0.70%
Fee Waiver0.00%-0.11%-0.24%-0.22%-0.56%
Net Expense0.04%0.59%0.35%0.54%0.58%

Vanguard Intermediate-Term Treasury Index ETF (VGIT) Holdings & Exposure

Top 10 VGIT Holdings

  • United States Treasury Notes
    Holding Weight: 2.04%
  • United States Treasury Notes
    Holding Weight: 2.03%
  • United States Treasury Notes
    Holding Weight: 1.95%
  • United States Treasury Notes
    Holding Weight: 1.89%
  • United States Treasury Notes
    Holding Weight: 1.86%
  • United States Treasury Notes
    Holding Weight: 1.85%
  • United States Treasury Notes
    Holding Weight: 1.82%
  • United States Treasury Notes
    Holding Weight: 1.82%
  • United States Treasury Notes
    Holding Weight: 1.81%
  • United States Treasury Notes
    Holding Weight: 1.79%

VGIT Sector Exposure

VGIT Geographic Exposure

Should I Buy Vanguard Intermediate-Term Treasury Index ETF Stock? VGIT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Vanguard Intermediate-Term Treasury Index ETF:

  • Vanguard Intermediate-Term Treasury Index ETF provides a relatively stable investment option for investors seeking lower risk compared to stocks. Treasury securities are backed by the U.S. government, offering a high level of credit quality.
  • Investing in this ETF can act as a hedge against market volatility. During uncertain times, investors tend to flock to safe-haven assets like Treasury bonds, which can help protect the portfolio from significant losses.
  • The ETF offers diversification benefits by including a range of intermediate-term Treasury securities in its portfolio. Diversification can help reduce overall portfolio risk by spreading investments across different asset classes.
  • With interest rates at historically low levels, Vanguard Intermediate-Term Treasury Index ETF can provide a steady income stream through regular interest payments. This can be attractive for income-oriented investors looking for stable returns.
  • Considering the current economic environment, where inflation concerns are prevalent, investing in Treasury securities can provide a hedge against inflation risk. Treasury bonds are known for their ability to preserve purchasing power over time.

Cons

Investors should be bearish about investing in Vanguard Intermediate-Term Treasury Index ETF for these reasons:

  • One potential downside is that in a rising interest rate environment, the value of existing Treasury bonds may decline. This is because newly issued bonds with higher yields become more attractive, leading to a decrease in the value of older bonds.
  • While Treasury securities are considered safe investments, they may offer lower returns compared to riskier assets like stocks. Investors seeking higher growth potential may find the returns from this ETF relatively modest.
  • Market fluctuations can impact the price of Treasury bonds, affecting the ETF's performance. Changes in interest rates, economic conditions, or geopolitical events can lead to fluctuations in bond prices, which may affect investor returns.
  • Investors should be aware of interest rate risk associated with Treasury bonds. If interest rates rise, bond prices fall, potentially leading to capital losses for investors holding the ETF. Understanding and managing interest rate risk is crucial for investors in this ETF.
  • While Treasury securities are backed by the U.S. government, they are not completely risk-free. There is still a risk of default, although it is considered extremely low. Investors should assess the credit risk associated with Treasury bonds before investing.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Vanguard Intermediate-Term Treasury Index ETF pros and cons to contact@marketbeat.com.

VGIT ETF - Frequently Asked Questions

How have VGIT shares performed in 2024?

Vanguard Intermediate-Term Treasury Index ETF's stock was trading at $59.32 at the beginning of 2024. Since then, VGIT shares have decreased by 2.1% and is now trading at $58.10.
View the best growth stocks for 2024 here
.

Are investors shorting Vanguard Intermediate-Term Treasury Index ETF?

Vanguard Intermediate-Term Treasury Index ETF saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 710,200 shares, an increase of 51.9% from the April 30th total of 467,600 shares. Based on an average daily volume of 2,528,400 shares, the days-to-cover ratio is currently 0.3 days.
View Vanguard Intermediate-Term Treasury Index ETF's Short Interest
.

How often does Vanguard Intermediate-Term Treasury Index ETF pay dividends? What is the dividend yield for Vanguard Intermediate-Term Treasury Index ETF?

Vanguard Intermediate-Term Treasury Index ETF declared a dividend on Thursday, May 30th. Investors of record on Monday, June 3rd will be paid a dividend of $0.1787 per share on Wednesday, June 5th. The ex-dividend date is Monday, June 3rd. This is a positive change from the stock's previous dividend of $0.17.
Read our dividend analysis for VGIT
.

What does VGIT invest in?

Vanguard Intermediate-Term Treasury Index ETF is a fixed income fund issued by Vanguard. VGIT focuses on broad market investments and follows the Bloomberg U.S. Treasury 3-10 Year Index. The fund's investments total to approximately $27.50 billion assets under management.

What is the management fee for Vanguard Intermediate-Term Treasury Index ETF?

Vanguard Intermediate-Term Treasury Index ETF's management fee is 0.03% and has other expenses of 0.01%. The net expense ratio for VGIT is 0.04%.

What other stocks do shareholders of Vanguard Intermediate-Term Treasury Index ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vanguard Intermediate-Term Treasury Index ETF investors own include Costco Wholesale (COST), Boeing (BA), General Electric (GE), Lockheed Martin (LMT), Medtronic (MDT), Magellan Midstream Partners (MMP), Starbucks (SBUX), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and CVS Health (CVS).

Who are Vanguard Intermediate-Term Treasury Index ETF's major shareholders?

Vanguard Intermediate-Term Treasury Index ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (15.43%), RWA Wealth Partners LLC (1.94%), Nepc LLC (1.40%), Mather Group LLC. (0.84%), Blue Trust Inc. (0.83%) and Summit Trail Advisors LLC (0.71%).

How do I buy shares of Vanguard Intermediate-Term Treasury Index ETF?

Shares of VGIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VGIT) was last updated on 6/4/2024 by MarketBeat.com Staff

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