Global Wealth Management Investment Advisory Inc. Increases Holdings in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Global Wealth Management Investment Advisory Inc. increased its stake in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 326,221 shares of the company’s stock after purchasing an additional 6,603 shares during the quarter. Vanguard Short-Term Treasury Index ETF comprises approximately 4.9% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Short-Term Treasury Index ETF were worth $19,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Hexagon Capital Partners LLC boosted its holdings in Vanguard Short-Term Treasury Index ETF by 93.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 42,556 shares of the company’s stock valued at $2,482,000 after acquiring an additional 20,560 shares during the period. Kestra Private Wealth Services LLC raised its holdings in Vanguard Short-Term Treasury Index ETF by 62.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 61,596 shares of the company’s stock valued at $3,593,000 after buying an additional 23,730 shares during the last quarter. Gitterman Wealth Management LLC raised its holdings in Vanguard Short-Term Treasury Index ETF by 1.7% during the 4th quarter. Gitterman Wealth Management LLC now owns 1,651,842 shares of the company’s stock valued at $96,352,000 after buying an additional 27,218 shares during the last quarter. Conservest Capital Advisors Inc. increased its position in shares of Vanguard Short-Term Treasury Index ETF by 0.5% in the fourth quarter. Conservest Capital Advisors Inc. now owns 186,476 shares of the company’s stock valued at $10,877,000 after acquiring an additional 924 shares during the period. Finally, Valmark Advisers Inc. boosted its holdings in shares of Vanguard Short-Term Treasury Index ETF by 7.7% during the fourth quarter. Valmark Advisers Inc. now owns 2,193,522 shares of the company’s stock worth $127,948,000 after purchasing an additional 156,959 shares during the period.

Vanguard Short-Term Treasury Index ETF Stock Down 0.3 %

NASDAQ:VGSH traded down $0.17 during mid-day trading on Wednesday, reaching $57.48. 1,161,199 shares of the company’s stock traded hands, compared to its average volume of 3,056,342. The company has a 50 day moving average price of $57.88 and a 200-day moving average price of $57.97. Vanguard Short-Term Treasury Index ETF has a 12-month low of $57.33 and a 12-month high of $58.81.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be paid a $0.197 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date is Wednesday, May 1st.

Vanguard Short-Term Treasury Index 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.