Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 52-Week Low – Here’s What Happened

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price hit a new 52-week low on Tuesday . The company traded as low as $58.32 and last traded at $58.34, with a volume of 4902207 shares. The stock had previously closed at $58.45.

Vanguard Short-Term Treasury ETF Price Performance

The stock has a 50-day moving average price of $58.73 and a 200 day moving average price of $58.77.

Vanguard Short-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1696 dividend. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VGSH. UMB Bank n.a. purchased a new position in shares of Vanguard Short-Term Treasury ETF during the 4th quarter worth about $28,000. HighMark Wealth Management LLC purchased a new stake in Vanguard Short-Term Treasury ETF in the fourth quarter valued at approximately $28,000. Brown Brothers Harriman & Co. increased its position in Vanguard Short-Term Treasury ETF by 990.9% during the third quarter. Brown Brothers Harriman & Co. now owns 480 shares of the company’s stock worth $28,000 after purchasing an additional 436 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in Vanguard Short-Term Treasury ETF during the fourth quarter worth approximately $29,000. Finally, Cresta Advisors Ltd. purchased a new position in Vanguard Short-Term Treasury ETF during the fourth quarter worth approximately $29,000.

About Vanguard Short-Term Treasury ETF

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.