Cornerstone Wealth Advisors Inc. Has $52.92 Million Holdings in Vanguard Short-Term Treasury ETF $VGSH

Cornerstone Wealth Advisors Inc. increased its position in shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) by 4.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 899,185 shares of the company’s stock after purchasing an additional 38,264 shares during the period. Vanguard Short-Term Treasury ETF accounts for 12.8% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard Short-Term Treasury ETF were worth $52,917,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VGSH. HFM Investment Advisors LLC acquired a new stake in shares of Vanguard Short-Term Treasury ETF during the first quarter worth $27,000. Berkshire Money Management Inc. acquired a new stake in Vanguard Short-Term Treasury ETF during the second quarter worth about $27,000. Reyes Financial Architecture Inc. acquired a new stake in Vanguard Short-Term Treasury ETF during the second quarter worth about $36,000. Hollencrest Capital Management bought a new position in Vanguard Short-Term Treasury ETF in the second quarter worth about $42,000. Finally, CBIZ Investment Advisory Services LLC acquired a new position in Vanguard Short-Term Treasury ETF in the first quarter valued at approximately $45,000.

Vanguard Short-Term Treasury ETF Stock Down 0.1%

NASDAQ:VGSH opened at $58.63 on Wednesday. The stock has a 50 day moving average of $58.80 and a 200-day moving average of $58.71. Vanguard Short-Term Treasury ETF has a 52 week low of $58.00 and a 52 week high of $58.98.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a $0.1854 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 3.8%.

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.