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

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $57.62 and last traded at $57.6150, with a volume of 5391630 shares trading hands. The stock had previously closed at $57.66.

Vanguard Short-Term Treasury ETF Price Performance

The company’s 50-day moving average is $58.02 and its 200 day moving average is $58.24.

Institutional Trading of Vanguard Short-Term Treasury ETF

Hedge funds have recently modified their holdings of the business. Brave Asset Management Inc. grew its stake in shares of Vanguard Short-Term Treasury ETF by 2.5% in the first quarter. Brave Asset Management Inc. now owns 7,564 shares of the company’s stock worth $443,000 after acquiring an additional 182 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Short-Term Treasury ETF by 50.8% in the 1st quarter. Assetmark Inc. now owns 570 shares of the company’s stock worth $33,000 after purchasing an additional 192 shares during the last quarter. Arete Wealth Advisors LLC boosted its stake in Vanguard Short-Term Treasury ETF by 0.9% in the 1st quarter. Arete Wealth Advisors LLC now owns 21,942 shares of the company’s stock worth $1,285,000 after purchasing an additional 199 shares in the last quarter. Cornerstone Financial Group LLC NE boosted its stake in Vanguard Short-Term Treasury ETF by 0.3% in the 4th quarter. Cornerstone Financial Group LLC NE now owns 68,632 shares of the company’s stock worth $4,031,000 after purchasing an additional 209 shares in the last quarter. Finally, Ritholtz Wealth Management grew its position in Vanguard Short-Term Treasury ETF by 1.8% during the 1st quarter. Ritholtz Wealth Management now owns 11,674 shares of the company’s stock valued at $683,000 after purchasing an additional 211 shares during the last quarter.

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.