Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Reaches New 52-Week Low – What’s Next?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $57.99 and last traded at $57.99, with a volume of 1437 shares traded. The stock had previously closed at $58.20.

Vanguard Short-Term Treasury ETF Stock Up 0.1%

The firm has a 50 day moving average price of $58.23 and a two-hundred day moving average price of $58.51.

Vanguard Short-Term Treasury ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.1779 per share. The ex-dividend date of this dividend is Wednesday, July 1st.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

A number of hedge funds have recently bought and sold shares of the business. CX Institutional raised its holdings in shares of Vanguard Short-Term Treasury ETF by 79.9% during the second quarter. CX Institutional now owns 12,787 shares of the company’s stock worth $744,000 after purchasing an additional 5,678 shares during the period. First County Bank CT raised its holdings in shares of Vanguard Short-Term Treasury ETF by 196.5% during the second quarter. First County Bank CT now owns 36,154 shares of the company’s stock valued at $2,104,000 after buying an additional 23,960 shares during the last quarter. Eastern Bank boosted its position in Vanguard Short-Term Treasury ETF by 10.8% during the 2nd quarter. Eastern Bank now owns 10,136 shares of the company’s stock worth $590,000 after acquiring an additional 991 shares during the period. Parallel Advisors LLC increased its stake in Vanguard Short-Term Treasury ETF by 14.7% during the 1st quarter. Parallel Advisors LLC now owns 8,463 shares of the company’s stock valued at $495,000 after buying an additional 1,086 shares during the period. Finally, Immaculate Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Treasury ETF during the first quarter valued at approximately $773,000.

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.