Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sees Large Volume Increase – Should You Buy?
by Sarita Garza · The Markets DailyVanguard Short-Term Treasury ETF (NASDAQ:VGSH – Get Free Report) shares saw strong trading volume on Wednesday . 4,872,853 shares were traded during trading, an increase of 26% from the previous session’s volume of 3,862,454 shares.The stock last traded at $58.11 and had previously closed at $58.09.
Vanguard Short-Term Treasury ETF Stock Performance
The firm has a 50 day simple moving average of $58.34 and a two-hundred day simple moving average of $58.59.
Vanguard Short-Term Treasury ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors 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 was Monday, June 1st.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Short-Term Treasury ETF by 73.3% in the fourth quarter. JPMorgan Chase & Co. now owns 44,271,961 shares of the company’s stock worth $2,600,092,000 after acquiring an additional 18,721,366 shares during the last quarter. Corient Private Wealth LLC increased its position in Vanguard Short-Term Treasury ETF by 648.9% during the 4th quarter. Corient Private Wealth LLC now owns 2,233,994 shares of the company’s stock worth $131,203,000 after purchasing an additional 1,935,700 shares in the last quarter. New York Life Investment Management LLC increased its position in Vanguard Short-Term Treasury ETF by 221.9% during the 4th quarter. New York Life Investment Management LLC now owns 2,786,774 shares of the company’s stock worth $163,667,000 after purchasing an additional 1,921,017 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard Short-Term Treasury ETF by 26.4% in the 2nd quarter. Bank of America Corp DE now owns 8,737,169 shares of the company’s stock valued at $513,571,000 after purchasing an additional 1,827,364 shares during the last quarter. Finally, NewEdge Wealth LLC boosted its position in Vanguard Short-Term Treasury ETF by 908.1% in the fourth quarter. NewEdge Wealth LLC now owns 1,974,566 shares of the company’s stock valued at $115,966,000 after buying an additional 1,778,698 shares in the last quarter.
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.
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