Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Reaches 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 Friday . The company traded as low as $58.05 and last traded at $58.06, with a volume of 853885 shares trading hands. The stock had previously closed at $58.14.

Vanguard Short-Term Treasury ETF Trading Down 0.2%

The business has a 50-day moving average of $58.36 and a 200-day moving average of $58.61.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.1845 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of Vanguard Short-Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Modern Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Treasury ETF by 4.4% in the 2nd quarter. Modern Wealth Management LLC now owns 4,118 shares of the company’s stock worth $242,000 after buying an additional 173 shares during the last quarter. Essex Financial Services Inc. grew its holdings in Vanguard Short-Term Treasury ETF by 2.5% during the 3rd quarter. Essex Financial Services Inc. now owns 7,539 shares of the company’s stock valued at $444,000 after purchasing an additional 181 shares during the last quarter. Brave Asset Management Inc. grew its holdings in Vanguard Short-Term Treasury ETF by 2.5% during the 1st quarter. Brave Asset Management Inc. now owns 7,564 shares of the company’s stock valued at $443,000 after purchasing an additional 182 shares during the last quarter. IMPACTfolio LLC grew its holdings in Vanguard Short-Term Treasury ETF by 4.8% during the 4th quarter. IMPACTfolio LLC now owns 4,004 shares of the company’s stock valued at $235,000 after purchasing an additional 184 shares during the last quarter. Finally, Webster Bank N. A. grew its holdings in Vanguard Short-Term Treasury ETF by 10.1% during the 4th quarter. Webster Bank N. A. now owns 2,015 shares of the company’s stock valued at $118,000 after purchasing an additional 185 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.