Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 1-Year Low – What’s Next?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $57.88 and last traded at $57.88, with a volume of 6692 shares changing hands. The stock had previously closed at $58.06.

Vanguard Short-Term Treasury ETF Trading Down 0.3%

The company’s 50-day moving average price is $58.09 and its 200-day moving average price is $58.32.

Vanguard Short-Term Treasury ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.1823 dividend. This is a boost from Vanguard Short-Term Treasury ETF’s previous dividend of $0.18. The ex-dividend date was Monday, August 3rd.

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VGSH. Modern Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Treasury ETF by 4.4% during the 2nd quarter. Modern Wealth Management LLC now owns 4,118 shares of the company’s stock worth $242,000 after acquiring an additional 173 shares during the last quarter. Brave Asset Management Inc. boosted its position in Vanguard Short-Term Treasury ETF by 2.5% during the first quarter. Brave Asset Management Inc. now owns 7,564 shares of the company’s stock worth $443,000 after purchasing an additional 182 shares during the period. Topsail Wealth Management LLC raised its position in shares of Vanguard Short-Term Treasury ETF by 11.9% in the fourth quarter. Topsail Wealth Management LLC now owns 1,759 shares of the company’s stock valued at $103,000 after purchasing an additional 187 shares during the period. Assetmark Inc. lifted its stake in shares of Vanguard Short-Term Treasury ETF by 50.8% during the 1st quarter. Assetmark Inc. now owns 570 shares of the company’s stock worth $33,000 after buying an additional 192 shares during the last quarter. Finally, Arete Wealth Advisors LLC increased its position in Vanguard Short-Term Treasury ETF by 0.9% during the first quarter. Arete Wealth Advisors LLC now owns 21,942 shares of the company’s stock worth $1,285,000 after acquiring an additional 199 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.