Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 12-Month Low – Should You Sell?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $57.98 and last traded at $57.99, with a volume of 3060347 shares trading hands. The stock had previously closed at $58.04.

Vanguard Short-Term Treasury ETF Stock Up 0.1%

The firm has a fifty day moving average price of $58.16 and a two-hundred day moving average price of $58.47.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Institutional Trading of Vanguard Short-Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in Vanguard Short-Term Treasury ETF by 73.3% in the 4th quarter. JPMorgan Chase & Co. now owns 44,271,961 shares of the company’s stock worth $2,600,092,000 after buying an additional 18,721,366 shares during the period. Morgan Stanley boosted its position in Vanguard Short-Term Treasury ETF by 7.6% in the 4th quarter. Morgan Stanley now owns 23,769,661 shares of the company’s stock valued at $1,395,992,000 after buying an additional 1,685,710 shares during the period. Bank of America Corp DE grew its stake in Vanguard Short-Term Treasury ETF by 10.8% in the 1st quarter. Bank of America Corp DE now owns 11,529,094 shares of the company’s stock worth $674,913,000 after acquiring an additional 1,124,185 shares in the last quarter. Northern Trust Corp grew its stake in Vanguard Short-Term Treasury ETF by 4.2% in the 4th quarter. Northern Trust Corp now owns 8,425,375 shares of the company’s stock worth $494,822,000 after acquiring an additional 336,233 shares in the last quarter. Finally, Orgel Wealth Management LLC increased its position in shares of Vanguard Short-Term Treasury ETF by 7.4% during the fourth quarter. Orgel Wealth Management LLC now owns 8,078,817 shares of the company’s stock worth $474,469,000 after acquiring an additional 553,478 shares during the period.

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.