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

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price hit a new 52-week low on Monday . The company traded as low as $57.96 and last traded at $57.97, with a volume of 240057 shares trading hands. The stock had previously closed at $58.10.

Vanguard Short-Term Treasury ETF Stock Performance

The business’s 50 day simple moving average is $58.11 and its two-hundred day simple moving average is $58.40.

Vanguard Short-Term Treasury ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, August 5th. Investors of record on Monday, August 3rd will be issued a dividend of $0.1823 per share. This is a positive change from Vanguard Short-Term Treasury ETF’s previous dividend of $0.18. The ex-dividend date of this dividend is Monday, August 3rd.

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VGSH. HighMark Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Treasury ETF during the fourth quarter worth about $28,000. First Pacific Financial acquired a new position in shares of Vanguard Short-Term Treasury ETF in the first quarter valued at approximately $28,000. Brown Brothers Harriman & Co. raised its holdings in Vanguard Short-Term Treasury ETF by 990.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 480 shares of the company’s stock valued at $28,000 after buying an additional 436 shares during the last quarter. UMB Bank n.a. bought a new position in Vanguard Short-Term Treasury ETF in the 4th quarter valued at approximately $28,000. Finally, Cresta Advisors Ltd. acquired a new stake in Vanguard Short-Term Treasury ETF during the 4th quarter worth approximately $29,000.

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.