Westwood Wealth Management Buys New Holdings in Vanguard Short-Term Treasury ETF $VGSH

Westwood Wealth Management acquired a new position in shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 41,925 shares of the company’s stock, valued at approximately $2,462,000. Vanguard Short-Term Treasury ETF accounts for about 1.9% of Westwood Wealth Management’s portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Treasury ETF by 0.8% during the third quarter. JPMorgan Chase & Co. now owns 25,550,595 shares of the company’s stock worth $1,503,653,000 after acquiring an additional 198,593 shares in the last quarter. Bank of America Corp DE grew its position in Vanguard Short-Term Treasury ETF by 13.3% during the 3rd quarter. Bank of America Corp DE now owns 9,899,709 shares of the company’s stock worth $582,598,000 after acquiring an additional 1,162,540 shares during the last quarter. Northern Trust Corp boosted its stake in Vanguard Short-Term Treasury ETF by 20.9% in the third quarter. Northern Trust Corp now owns 8,089,142 shares of the company’s stock worth $476,046,000 after purchasing an additional 1,396,444 shares in the last quarter. Orgel Wealth Management LLC grew its holdings in Vanguard Short-Term Treasury ETF by 7.4% during the 4th quarter. Orgel Wealth Management LLC now owns 8,078,817 shares of the company’s stock worth $474,469,000 after acquiring an additional 553,478 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in shares of Vanguard Short-Term Treasury ETF by 18.5% in the second quarter. Baird Financial Group Inc. now owns 5,751,500 shares of the company’s stock worth $338,073,000 after acquiring an additional 898,635 shares during the last quarter.

Vanguard Short-Term Treasury ETF Stock Performance

VGSH stock opened at $58.31 on Friday. The company has a 50 day moving average price of $58.70 and a 200 day moving average price of $58.76. Vanguard Short-Term Treasury ETF has a fifty-two week low of $58.31 and a fifty-two week high of $59.01.

Vanguard Short-Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1696 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

Vanguard Short-Term Treasury 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. 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.