49 Wealth Management LLC Buys 77,056 Shares of Vanguard Short-Term Treasury ETF $VGSH

49 Wealth Management LLC lifted its position in Vanguard Short-Term Treasury ETF (NASDAQ:VGSH) by 139.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 132,426 shares of the company’s stock after purchasing an additional 77,056 shares during the period. Vanguard Short-Term Treasury ETF comprises 0.8% of 49 Wealth Management LLC’s portfolio, making the stock its 21st largest holding. 49 Wealth Management LLC’s holdings in Vanguard Short-Term Treasury ETF were worth $7,784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC purchased a new stake in shares of Vanguard Short-Term Treasury ETF during the 1st quarter worth approximately $27,000. Berkshire Money Management Inc. bought a new position in shares of Vanguard Short-Term Treasury ETF during the second quarter valued at approximately $27,000. State Farm Mutual Automobile Insurance Co. bought a new stake in Vanguard Short-Term Treasury ETF during the first quarter valued at about $29,000. Reyes Financial Architecture Inc. acquired a new stake in Vanguard Short-Term Treasury ETF in the second quarter valued at approximately $36,000. Finally, CBIZ Investment Advisory Services LLC acquired a new position in Vanguard Short-Term Treasury ETF during the 1st quarter valued at about $45,000.

Vanguard Short-Term Treasury ETF Price Performance

NASDAQ:VGSH opened at $58.75 on Monday. The company’s 50 day moving average is $58.81 and its two-hundred day moving average is $58.66. Vanguard Short-Term Treasury ETF has a twelve month low of $58.00 and a twelve month high of $58.98.

Vanguard Short-Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.1888 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, November 3rd.

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.