Royal Bank of Canada Buys 88,628 Shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Royal Bank of Canada boosted its stake in shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 4.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,968,237 shares of the company’s stock after purchasing an additional 88,628 shares during the period. Royal Bank of Canada’s holdings in Vanguard Short-Term Treasury Index ETF were worth $114,512,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its position in Vanguard Short-Term Treasury Index ETF by 38.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,483 shares of the company’s stock valued at $726,000 after buying an additional 3,435 shares in the last quarter. Fisher Asset Management LLC bought a new stake in shares of Vanguard Short-Term Treasury Index ETF in the 4th quarter worth $201,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Vanguard Short-Term Treasury Index ETF by 4.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 750,126 shares of the company’s stock worth $43,642,000 after purchasing an additional 30,856 shares in the last quarter. US Bancorp DE increased its holdings in shares of Vanguard Short-Term Treasury Index ETF by 48.5% in the 4th quarter. US Bancorp DE now owns 1,843 shares of the company’s stock worth $107,000 after purchasing an additional 602 shares in the last quarter. Finally, Heritage Wealth Management Inc. CA increased its holdings in shares of Vanguard Short-Term Treasury Index ETF by 4.6% in the 4th quarter. Heritage Wealth Management Inc. CA now owns 107,755 shares of the company’s stock worth $6,269,000 after purchasing an additional 4,738 shares in the last quarter.

Vanguard Short-Term Treasury Index ETF Price Performance

Vanguard Short-Term Treasury Index ETF stock opened at $58.49 on Tuesday. The stock has a fifty day simple moving average of $58.60 and a two-hundred day simple moving average of $58.39. Vanguard Short-Term Treasury Index ETF has a 12 month low of $57.66 and a 12 month high of $59.13.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Shareholders of record on Thursday, May 1st were issued a $0.1983 dividend. This represents a $2.38 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend was Thursday, May 1st.

Vanguard Short-Term Treasury Index ETF 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.