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

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

Vanguard Short-Term Treasury ETF Price Performance

The business’s fifty day moving average is $58.14 and its two-hundred day moving average is $58.45.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $2,600,092,000 after acquiring an additional 18,721,366 shares during the last quarter. Corient Private Wealth LLC increased its stake in Vanguard Short-Term Treasury ETF by 648.9% during the fourth quarter. Corient Private Wealth LLC now owns 2,233,994 shares of the company’s stock worth $131,203,000 after acquiring an additional 1,935,700 shares during the last quarter. New York Life Investment Management LLC increased its stake in Vanguard Short-Term Treasury ETF by 221.9% during the fourth quarter. New York Life Investment Management LLC now owns 2,786,774 shares of the company’s stock worth $163,667,000 after acquiring an additional 1,921,017 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard Short-Term Treasury ETF by 26.4% during the second quarter. Bank of America Corp DE now owns 8,737,169 shares of the company’s stock valued at $513,571,000 after purchasing an additional 1,827,364 shares during the period. Finally, NewEdge Wealth LLC raised its position in Vanguard Short-Term Treasury ETF by 908.1% during the fourth quarter. NewEdge Wealth LLC now owns 1,974,566 shares of the company’s stock valued at $115,966,000 after purchasing an additional 1,778,698 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.