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

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares hit a new 52-week low on Tuesday . The stock traded as low as $58.32 and last traded at $58.34, with a volume of 4902207 shares. The stock had previously closed at $58.45.

Vanguard Short-Term Treasury ETF Trading Down 0.2%

The stock’s fifty day simple moving average is $58.71 and its 200-day simple moving average is $58.76.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1696 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

Several large investors have recently bought and sold shares of the stock. AQR Capital Management LLC increased its stake in shares of Vanguard Short-Term Treasury ETF by 47.6% during the first quarter. AQR Capital Management LLC now owns 26,228 shares of the company’s stock worth $1,539,000 after buying an additional 8,460 shares during the period. Franklin Resources Inc. grew its holdings in Vanguard Short-Term Treasury ETF by 7.1% during the 2nd quarter. Franklin Resources Inc. now owns 489,057 shares of the company’s stock worth $28,747,000 after acquiring an additional 32,523 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Vanguard Short-Term Treasury ETF during the 2nd quarter worth approximately $515,000. Steward Partners Investment Advisory LLC increased its position in shares of Vanguard Short-Term Treasury ETF by 8.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 12,341 shares of the company’s stock valued at $725,000 after purchasing an additional 962 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Vanguard Short-Term Treasury ETF in the 2nd quarter valued at approximately $224,000.

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.