VGIT Sees Significant Capital Inflows into ETF

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The Vanguard Intermediate-Term Treasury ETF (VGIT) experienced a significant inflow of approximately $500.7 million, marking a 1.6% increase in outstanding units week over week, rising from 528,766,430 to 537,263,595 units. This activity was monitored in the week ending October 1, 2023.

VGIT’s latest trading price was $59.05, within a 52-week range that saw a low of $57.03 and a high of $60.82. The increase in outstanding shares illustrates growing investor demand, which may influence the underlying treasury holdings of the ETF.

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