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

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $57.99 and last traded at $57.99, with a volume of 1437 shares trading hands. The stock had previously closed at $58.20.

Vanguard Short-Term Treasury ETF Trading Down 0.4%

The company has a 50 day moving average of $58.25 and a 200 day moving average of $58.52.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1845 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of Vanguard Short-Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the company. Cornerstone Wealth Advisors Inc. raised its stake in Vanguard Short-Term Treasury ETF by 5.6% during the 4th quarter. Cornerstone Wealth Advisors Inc. now owns 949,820 shares of the company’s stock valued at $55,783,000 after purchasing an additional 50,635 shares during the last quarter. Presilium Private Wealth LLC increased its holdings in Vanguard Short-Term Treasury ETF by 6.4% in the 1st quarter. Presilium Private Wealth LLC now owns 1,009,460 shares of the company’s stock valued at $59,094,000 after buying an additional 60,308 shares during the period. GEN Financial Management INC. lifted its holdings in shares of Vanguard Short-Term Treasury ETF by 20.3% during the 4th quarter. GEN Financial Management INC. now owns 232,259 shares of the company’s stock worth $13,641,000 after acquiring an additional 39,193 shares during the period. M&T Bank Corp increased its stake in Vanguard Short-Term Treasury ETF by 2.6% in the fourth quarter. M&T Bank Corp now owns 3,389,876 shares of the company’s stock valued at $199,088,000 after acquiring an additional 85,360 shares during the period. Finally, Ausdal Financial Partners Inc. bought a new position in Vanguard Short-Term Treasury ETF during the third quarter worth about $2,702,000.

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.