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

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares reached a new 52-week low during trading on Friday . The company traded as low as $58.05 and last traded at $58.06, with a volume of 853885 shares trading hands. The stock had previously closed at $58.14.

Vanguard Short-Term Treasury ETF Price Performance

The stock has a 50 day moving average of $58.35 and a 200 day moving average of $58.60.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Vanguard Short-Term Treasury ETF by 73.3% during the fourth quarter. JPMorgan Chase & Co. now owns 44,271,961 shares of the company’s stock valued at $2,600,092,000 after buying an additional 18,721,366 shares during the period. Morgan Stanley boosted its position in Vanguard Short-Term Treasury ETF by 7.6% during the fourth quarter. Morgan Stanley now owns 23,769,661 shares of the company’s stock valued at $1,395,992,000 after buying an additional 1,685,710 shares during the period. Bank of America Corp DE boosted its position in Vanguard Short-Term Treasury ETF by 10.8% during the first quarter. Bank of America Corp DE now owns 11,529,094 shares of the company’s stock valued at $674,913,000 after buying an additional 1,124,185 shares during the period. Northern Trust Corp boosted its position in Vanguard Short-Term Treasury ETF by 4.2% during the fourth quarter. Northern Trust Corp now owns 8,425,375 shares of the company’s stock valued at $494,822,000 after buying an additional 336,233 shares during the period. Finally, Orgel Wealth Management LLC boosted its position in Vanguard Short-Term Treasury ETF by 7.4% during the fourth quarter. Orgel Wealth Management LLC now owns 8,078,817 shares of the company’s stock valued at $474,469,000 after buying an additional 553,478 shares during the period.

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.