Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Hits New 1-Year Low – Time to Sell?

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)’s share price hit a new 52-week low during trading on Thursday. The stock traded as low as $57.40 and last traded at $57.3950, with a volume of 38827 shares trading hands. The stock had previously closed at $57.56.

Vanguard Short-Term Treasury ETF Trading Down 0.3%

The firm’s 50 day moving average price is $57.92 and its two-hundred day moving average price is $58.15.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

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

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.