Breakwater Investment Management Raises Stock Holdings in Vanguard Short-Term Treasury ETF (NASDAQ:VGSH)

Breakwater Investment Management grew its stake in Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) by 1.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 63,526 shares of the company’s stock after buying an additional 985 shares during the period. Vanguard Short-Term Treasury ETF comprises approximately 1.6% of Breakwater Investment Management’s holdings, making the stock its 19th biggest position. Breakwater Investment Management’s holdings in Vanguard Short-Term Treasury ETF were worth $3,728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VGSH. JPMorgan Chase & Co. increased its position in Vanguard Short-Term Treasury ETF by 163.7% in the fourth quarter. JPMorgan Chase & Co. now owns 37,620,327 shares of the company’s stock worth $2,188,751,000 after buying an additional 23,351,829 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of Vanguard Short-Term Treasury ETF during the fourth quarter worth about $258,750,000. NorthRock Partners LLC grew its position in shares of Vanguard Short-Term Treasury ETF by 241.3% during the fourth quarter. NorthRock Partners LLC now owns 3,611,820 shares of the company’s stock worth $210,136,000 after purchasing an additional 2,553,554 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Short-Term Treasury ETF during the fourth quarter worth about $135,320,000. Finally, Cetera Investment Advisers grew its position in shares of Vanguard Short-Term Treasury ETF by 63.3% during the fourth quarter. Cetera Investment Advisers now owns 2,087,868 shares of the company’s stock worth $121,472,000 after purchasing an additional 809,106 shares in the last quarter.

Vanguard Short-Term Treasury ETF Trading Down 0.0%

NASDAQ:VGSH opened at $58.45 on Tuesday. Vanguard Short-Term Treasury ETF has a 12-month low of $57.71 and a 12-month high of $59.13. The stock has a 50-day moving average price of $58.56 and a 200 day moving average price of $58.42.

Vanguard Short-Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a dividend of $0.2046 per share. The ex-dividend date was Monday, June 2nd. This represents a $2.46 annualized dividend and a dividend yield of 4.20%. This is a boost from Vanguard Short-Term Treasury ETF’s previous monthly dividend of $0.20.

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.