Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sets New 52-Week Low – Here’s Why

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

Vanguard Short-Term Treasury ETF Stock Down 0.4%

The company’s fifty day moving average price is $58.25 and its two-hundred day moving average price is $58.52.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. HighMark Wealth Management LLC bought a new position in Vanguard Short-Term Treasury ETF in the fourth quarter valued at $28,000. First Pacific Financial bought a new stake in Vanguard Short-Term Treasury ETF during the 1st quarter worth about $28,000. Brown Brothers Harriman & Co. boosted its stake in shares of Vanguard Short-Term Treasury ETF by 990.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 480 shares of the company’s stock worth $28,000 after buying an additional 436 shares during the last quarter. UMB Bank n.a. acquired a new position in shares of Vanguard Short-Term Treasury ETF during the 4th quarter worth about $28,000. Finally, Holos Integrated Wealth LLC bought a new position in shares of Vanguard Short-Term Treasury ETF in the 4th quarter valued at about $29,000.

Vanguard Short-Term Treasury ETF Company Profile

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.