Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 1-Year Low – What’s Next?

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSHGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $57.62 and last traded at $57.6150, with a volume of 5391630 shares trading hands. The stock had previously closed at $57.66.

Vanguard Short-Term Treasury ETF Price Performance

The company’s 50-day simple moving average is $58.02 and its 200-day simple moving average is $58.24.

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. First Pacific Financial acquired a new position in shares of Vanguard Short-Term Treasury ETF in the 1st quarter valued at $28,000. Continuum Advisory LLC acquired a new stake in Vanguard Short-Term Treasury ETF during the 2nd quarter worth about $30,000. Assetmark Inc. raised its holdings in Vanguard Short-Term Treasury ETF by 50.8% during the 1st quarter. Assetmark Inc. now owns 570 shares of the company’s stock worth $33,000 after buying an additional 192 shares during the period. SouthState Bank Corp lifted its stake in Vanguard Short-Term Treasury ETF by 331.0% during the fourth quarter. SouthState Bank Corp now owns 625 shares of the company’s stock valued at $37,000 after buying an additional 480 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new stake in Vanguard Short-Term Treasury ETF during the fourth quarter valued at about $44,000.

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.

Further Reading

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