The Numbers Game – Vanguard Intermediate-Term Treasury ETF (VGIT)
Friday’s trading session saw the Vanguard Intermediate-Term Treasury ETF (VGIT) painting a picture that had investors talking. The intriguing twist? VGIT shares deftly glided beneath their formidable 200-day moving average, settling at a modest $58.11 per share. This maneuver nudged VGIT into a realm where it now languishes about 0.1% lower for the day. But this is just the tip of the iceberg…
A Peek into the Performance Past
One glance at the chart below offers a captivating tale of the past year’s journey for VGIT shares, pitted against the oft-cited 200-day moving average:
Deep dive into the numbers, and you’ll find VGIT’s narrative of highs and lows: a daring plunge to $56.07 per share at the nadir of its 52-week rollercoaster, while daring to soar to $60.94 as the zenith. Currently, VGIT dances at $58.13, embodying resilience and steadiness.
Discover more about the 9 ETFs who have recently glided beneath their 200-day moving average by clicking here.
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The perspectives shared here are the sole opinions of the author, independent of Nasdaq, Inc.’s views.
