SMART Wealth LLC Purchases 210,573 Shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

SMART Wealth LLC increased its stake in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 333.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,777 shares of the company’s stock after acquiring an additional 210,573 shares during the period. Vanguard Short-Term Treasury Index ETF makes up approximately 6.3% of SMART Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. SMART Wealth LLC owned approximately 0.08% of Vanguard Short-Term Treasury Index ETF worth $16,158,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Vanguard Short-Term Treasury Index ETF by 11.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 11,676 shares of the company’s stock valued at $687,000 after acquiring an additional 1,185 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Vanguard Short-Term Treasury Index ETF by 1.2% during the third quarter. Franklin Resources Inc. now owns 424,379 shares of the company’s stock worth $24,847,000 after buying an additional 5,120 shares in the last quarter. Peapack Gladstone Financial Corp boosted its holdings in Vanguard Short-Term Treasury Index ETF by 19.7% during the third quarter. Peapack Gladstone Financial Corp now owns 115,579 shares of the company’s stock worth $6,821,000 after buying an additional 19,017 shares in the last quarter. Synovus Financial Corp boosted its holdings in Vanguard Short-Term Treasury Index ETF by 105.6% during the third quarter. Synovus Financial Corp now owns 28,340 shares of the company’s stock worth $1,673,000 after buying an additional 14,556 shares in the last quarter. Finally, Blankinship & Foster LLC bought a new stake in Vanguard Short-Term Treasury Index ETF during the third quarter worth approximately $1,638,000.

Vanguard Short-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGSH opened at $58.26 on Monday. Vanguard Short-Term Treasury Index ETF has a 1-year low of $57.46 and a 1-year high of $59.13. The company has a 50 day moving average price of $58.37 and a 200 day moving average price of $58.40.

Vanguard Short-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.214 per share. This represents a $2.57 annualized dividend and a yield of 4.41%. This is a boost from Vanguard Short-Term Treasury Index ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, November 1st.

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.