Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sees Large Volume Increase – Here’s What Happened

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares saw strong trading volume on Monday . 4,067,302 shares changed hands during trading, an increase of 11% from the previous session’s volume of 3,667,582 shares.The stock last traded at $58.7350 and had previously closed at $59.00.

Vanguard Short-Term Treasury ETF Stock Performance

The firm’s 50-day moving average price is $58.78 and its 200 day moving average price is $58.79.

Vanguard Short-Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.1696 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

A number of institutional investors have recently made changes to their positions in VGSH. JPMorgan Chase & Co. lifted its stake in 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 valued at $2,600,092,000 after buying an additional 18,721,366 shares during the period. Morgan Stanley raised its position in shares of Vanguard Short-Term Treasury ETF by 7.6% in the 4th quarter. Morgan Stanley now owns 23,769,661 shares of the company’s stock valued at $1,395,992,000 after acquiring an additional 1,685,710 shares during the period. Bank of America Corp DE boosted its stake in Vanguard Short-Term Treasury ETF by 13.3% during the 3rd quarter. Bank of America Corp DE now owns 9,899,709 shares of the company’s stock worth $582,598,000 after acquiring an additional 1,162,540 shares during the last quarter. Northern Trust Corp grew its holdings in Vanguard Short-Term Treasury ETF by 4.2% during the fourth quarter. Northern Trust Corp now owns 8,425,375 shares of the company’s stock valued at $494,822,000 after purchasing an additional 336,233 shares during the period. Finally, Orgel Wealth Management LLC increased its stake in Vanguard Short-Term Treasury ETF by 7.4% in the fourth quarter. Orgel Wealth Management LLC now owns 8,078,817 shares of the company’s stock valued at $474,469,000 after purchasing an additional 553,478 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.