Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 1-Year Low – Should You Sell?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares hit a new 52-week low on Tuesday . The stock traded as low as $58.32 and last traded at $58.34, with a volume of 4902207 shares. The stock had previously closed at $58.45.

Vanguard Short-Term Treasury ETF Price Performance

The company has a 50-day moving average of $58.73 and a 200-day moving average of $58.77.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

A number of large investors have recently bought and sold shares of VGSH. JPMorgan Chase & Co. lifted its position in shares of Vanguard Short-Term Treasury ETF by 73.3% during the 4th quarter. JPMorgan Chase & Co. now owns 44,271,961 shares of the company’s stock valued at $2,600,092,000 after acquiring an additional 18,721,366 shares during the period. Morgan Stanley grew its holdings in shares of Vanguard Short-Term Treasury ETF by 7.6% in the 4th quarter. Morgan Stanley now owns 23,769,661 shares of the company’s stock worth $1,395,992,000 after acquiring an additional 1,685,710 shares during the period. Bank of America Corp DE grew its holdings in shares of Vanguard Short-Term Treasury ETF by 13.3% in 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 period. Northern Trust Corp increased its stake in Vanguard Short-Term Treasury ETF by 4.2% in the 4th quarter. Northern Trust Corp now owns 8,425,375 shares of the company’s stock valued at $494,822,000 after purchasing an additional 336,233 shares in the last quarter. Finally, Orgel Wealth Management LLC raised its holdings 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 worth $474,469,000 after purchasing an additional 553,478 shares during the last quarter.

About Vanguard Short-Term Treasury ETF

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.