Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Reaches New 1-Year Low – Here’s Why

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSHGet Free Report) hit a new 52-week low 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 Trading Down 0.2%

The business has a fifty day moving average price of $58.36 and a two-hundred day moving average price of $58.61.

Vanguard Short-Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.1845 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. HighMark Wealth Management LLC acquired a new stake in Vanguard Short-Term Treasury ETF during the fourth quarter valued at $28,000. First Pacific Financial acquired a new stake in Vanguard Short-Term Treasury ETF during the first quarter valued at $28,000. Brown Brothers Harriman & Co. boosted its position in Vanguard Short-Term Treasury ETF by 990.9% during the third quarter. Brown Brothers Harriman & Co. now owns 480 shares of the company’s stock valued at $28,000 after purchasing an additional 436 shares during the last quarter. UMB Bank n.a. acquired a new stake in Vanguard Short-Term Treasury ETF during the fourth quarter valued at $28,000. Finally, Holos Integrated Wealth LLC acquired a new stake in Vanguard Short-Term Treasury ETF during the fourth quarter valued at $29,000.

About Vanguard Short-Term Treasury ETF

(Get Free Report)

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.

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