Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard Short-Term Treasury ETF (NASDAQ:VGSHGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 4,872,853 shares traded hands during mid-day 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 Price Performance

The company’s 50 day moving average is $58.34 and its 200 day moving average is $58.59.

Vanguard Short-Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.1845 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, June 1st.

Hedge Funds Weigh In On Vanguard Short-Term Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its stake in Vanguard Short-Term Treasury ETF by 47.6% in the first quarter. AQR Capital Management LLC now owns 26,228 shares of the company’s stock valued at $1,539,000 after purchasing an additional 8,460 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Vanguard Short-Term Treasury ETF by 6.7% in the 2nd quarter. NewEdge Advisors LLC now owns 94,261 shares of the company’s stock valued at $5,541,000 after buying an additional 5,917 shares during the period. The Manufacturers Life Insurance Company bought a new position in Vanguard Short-Term Treasury ETF in the 2nd quarter valued at about $484,000. Glenview Trust co raised its position in shares of Vanguard Short-Term Treasury ETF by 34.8% in the 2nd quarter. Glenview Trust co now owns 17,385 shares of the company’s stock valued at $1,022,000 after buying an additional 4,486 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in shares of Vanguard Short-Term Treasury ETF by 39.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,944 shares of the company’s stock worth $643,000 after acquiring an additional 3,107 shares during the period.

About Vanguard Short-Term Treasury ETF

(Get Free Report)

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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