Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 12-Month Low – What’s Next?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $57.96 and last traded at $57.96, with a volume of 2091 shares trading hands. The stock had previously closed at $58.01.

Vanguard Short-Term Treasury ETF Stock Performance

The company’s 50-day moving average price is $58.14 and its 200 day moving average price is $58.45.

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 issued a dividend of $0.1779 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Modern Wealth Management LLC grew its position in shares of Vanguard Short-Term Treasury ETF by 4.4% during the second quarter. Modern Wealth Management LLC now owns 4,118 shares of the company’s stock valued at $242,000 after purchasing an additional 173 shares in the last quarter. Brave Asset Management Inc. boosted its stake in 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 valued at $443,000 after buying an additional 182 shares during the last quarter. Webster Bank N. A. boosted its stake in Vanguard Short-Term Treasury ETF by 10.1% during 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. 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 valued at $103,000 after buying an additional 187 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in Vanguard Short-Term Treasury ETF by 50.8% during the 1st quarter. Assetmark Inc. now owns 570 shares of the company’s stock valued at $33,000 after buying an additional 192 shares in 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.