Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) Short Interest Down 78.3% in March

Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 539,200 shares, a decline of 78.3% from the February 29th total of 2,490,000 shares. Based on an average trading volume of 3,826,800 shares, the days-to-cover ratio is currently 0.1 days.

Vanguard Short-Term Treasury Index ETF Stock Performance

VGSH opened at $58.07 on Friday. Vanguard Short-Term Treasury Index ETF has a 1-year low of $57.33 and a 1-year high of $58.81. The stock’s 50 day simple moving average is $58.11 and its 200 day simple moving average is $57.94.

Vanguard Short-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were issued a $0.1927 dividend. This is a positive change from Vanguard Short-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, March 1st. This represents a $2.31 annualized dividend and a yield of 3.98%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VGSH. Fairman Group LLC purchased a new position in Vanguard Short-Term Treasury Index ETF during the 4th quarter valued at about $50,000. Napatree Capital LLC purchased a new position in shares of Vanguard Short-Term Treasury Index ETF during the 4th quarter worth approximately $221,000. PNC Financial Services Group Inc. raised its position in shares of Vanguard Short-Term Treasury Index ETF by 3.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 33,207 shares of the company’s stock worth $1,937,000 after purchasing an additional 996 shares during the last quarter. Addis & Hill Inc acquired a new position in shares of Vanguard Short-Term Treasury Index ETF during the 4th quarter worth approximately $752,000. Finally, Cape ANN Savings Bank lifted its stake in Vanguard Short-Term Treasury Index ETF by 2.6% in the 4th quarter. Cape ANN Savings Bank now owns 156,179 shares of the company’s stock valued at $9,143,000 after buying an additional 3,978 shares in the last quarter.

About Vanguard Short-Term Treasury Index 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.