Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) shares passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $57.68 and traded as low as $57.63. Vanguard Short-Term Treasury ETF shares last traded at $57.66, with a volume of 3,895,830 shares changing hands.

Vanguard Short-Term Treasury ETF Stock Performance

The business’s 50-day moving average price is $57.68 and its 200 day moving average price is $58.19.

Institutional Investors Weigh In On Vanguard Short-Term Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bangor Savings Bank acquired a new position in Vanguard Short-Term Treasury ETF in the 3rd quarter worth $25,000. Vision Financial Markets LLC purchased a new position in Vanguard Short-Term Treasury ETF in the 3rd quarter valued at about $26,000. Signaturefd LLC purchased a new position in Vanguard Short-Term Treasury ETF in the 3rd quarter valued at about $29,000. Continuum Advisory LLC acquired a new stake in shares of Vanguard Short-Term Treasury ETF during the second quarter valued at about $30,000. Finally, Assetmark Inc. grew its stake in shares of Vanguard Short-Term Treasury ETF by 50.8% during the first quarter. Assetmark Inc. now owns 570 shares of the company’s stock valued at $33,000 after acquiring an additional 192 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.