Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sets New 1-Year Low – Here’s Why

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $58.00 and last traded at $58.01, with a volume of 289340 shares changing hands. The stock had previously closed at $58.03.

Vanguard Short-Term Treasury ETF Price Performance

The stock has a 50 day moving average price of $58.21 and a two-hundred day moving average price of $58.50.

Vanguard Short-Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1779 per share. The ex-dividend date of this dividend was Wednesday, July 1st.

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

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