85,632 Shares in Vanguard Short-Term Treasury ETF $VGSH Bought by Cornerstone Financial Management LLC

Cornerstone Financial Management LLC purchased a new position in Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,632 shares of the company’s stock, valued at approximately $5,029,000. Vanguard Short-Term Treasury ETF accounts for about 4.7% of Cornerstone Financial Management LLC’s investment portfolio, making the stock its 3rd largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew 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 worth $2,600,092,000 after purchasing an additional 18,721,366 shares during the period. Morgan Stanley grew its stake in Vanguard Short-Term Treasury ETF by 7.6% in the fourth quarter. Morgan Stanley now owns 23,769,661 shares of the company’s stock worth $1,395,992,000 after purchasing an additional 1,685,710 shares during the period. Bank of America Corp DE grew its stake in Vanguard Short-Term Treasury ETF by 13.3% in the third quarter. Bank of America Corp DE now owns 9,899,709 shares of the company’s stock worth $582,598,000 after purchasing an additional 1,162,540 shares during the period. Northern Trust Corp grew its stake in Vanguard Short-Term Treasury ETF by 20.9% in the third quarter. Northern Trust Corp now owns 8,089,142 shares of the company’s stock worth $476,046,000 after purchasing an additional 1,396,444 shares during the period. Finally, Orgel Wealth Management LLC grew 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 worth $474,469,000 after purchasing an additional 553,478 shares during the period.

Vanguard Short-Term Treasury ETF Price Performance

NASDAQ VGSH opened at $58.16 on Friday. Vanguard Short-Term Treasury ETF has a 12 month low of $58.03 and a 12 month high of $59.01. The stock’s fifty day moving average price is $58.32 and its 200-day moving average price is $58.58.

Vanguard Short-Term Treasury ETF Cuts Dividend

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

Vanguard Short-Term Treasury ETF 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.