Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 52-Week Low – What’s Next?

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) reached a new 52-week low during mid-day 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 Performance

The business has a fifty day simple moving average of $58.17 and a 200 day simple moving average of $58.48.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 6th. Investors 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.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

Several institutional investors have recently bought and sold shares of VGSH. HighMark Wealth Management LLC purchased a new position in Vanguard Short-Term Treasury ETF during the 4th quarter worth $28,000. First Pacific Financial purchased a new stake in shares of Vanguard Short-Term Treasury ETF in the first quarter valued at about $28,000. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Short-Term Treasury ETF by 990.9% in the third quarter. Brown Brothers Harriman & Co. now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 436 shares during the last quarter. UMB Bank n.a. bought a new position in shares of Vanguard Short-Term Treasury ETF during the fourth quarter valued at about $28,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of Vanguard Short-Term Treasury ETF during the fourth quarter valued at about $29,000.

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.