Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sets New 1-Year Low – Here’s Why

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $58.00 and last traded at $58.01, with a volume of 289340 shares trading hands. The stock had previously closed at $58.03.

Vanguard Short-Term Treasury ETF Stock Performance

The stock’s 50 day simple moving average is $58.21 and its two-hundred day simple moving average is $58.50.

Vanguard Short-Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.1779 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of Vanguard Short-Term Treasury ETF

Several institutional investors have recently bought and sold shares of the stock. Modern Wealth Management LLC boosted its position in Vanguard Short-Term Treasury ETF by 4.4% in the second quarter. Modern Wealth Management LLC now owns 4,118 shares of the company’s stock valued at $242,000 after buying an additional 173 shares in the last quarter. Brave Asset Management Inc. grew its holdings in shares of Vanguard Short-Term Treasury ETF by 2.5% during the first quarter. Brave Asset Management Inc. now owns 7,564 shares of the company’s stock worth $443,000 after purchasing an additional 182 shares during the last quarter. IMPACTfolio LLC increased its stake in shares of Vanguard Short-Term Treasury ETF by 4.8% in the fourth quarter. IMPACTfolio LLC now owns 4,004 shares of the company’s stock valued at $235,000 after buying an additional 184 shares in the last quarter. Webster Bank N. A. raised its holdings in shares of Vanguard Short-Term Treasury ETF by 10.1% in the fourth quarter. Webster Bank N. A. now owns 2,015 shares of the company’s stock valued at $118,000 after buying an additional 185 shares during the last quarter. Finally, Topsail Wealth Management LLC grew its holdings in Vanguard Short-Term Treasury ETF by 11.9% during the 4th quarter. Topsail Wealth Management LLC now owns 1,759 shares of the company’s stock worth $103,000 after acquiring an additional 187 shares during the last quarter.

Vanguard Short-Term Treasury ETF Company Profile

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-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. 1-3 Year Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected securities) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, all with maturities between 1 and 3 years.