Cascade Wealth Advisors Inc Makes New Investment in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Cascade Wealth Advisors Inc bought a new position in shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 74,972 shares of the company’s stock, valued at approximately $4,325,000. Vanguard Short-Term Treasury Index ETF makes up about 3.7% of Cascade Wealth Advisors Inc’s investment portfolio, making the stock its 10th largest position.

Several other institutional investors also recently made changes to their positions in VGSH. Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Short-Term Treasury Index ETF in the 4th quarter worth about $26,000. Avior Wealth Management LLC boosted its position in shares of Vanguard Short-Term Treasury Index ETF by 57.7% in the 4th quarter. Avior Wealth Management LLC now owns 522 shares of the company’s stock worth $30,000 after buying an additional 191 shares in the last quarter. TD Capital Management LLC purchased a new stake in shares of Vanguard Short-Term Treasury Index ETF in the 4th quarter worth about $30,000. Jones Financial Companies Lllp purchased a new position in Vanguard Short-Term Treasury Index ETF in the 4th quarter valued at about $45,000. Finally, Fairman Group LLC purchased a new position in Vanguard Short-Term Treasury Index ETF in the 4th quarter valued at about $50,000.

Vanguard Short-Term Treasury Index ETF Stock Performance

NASDAQ:VGSH opened at $57.94 on Thursday. The company’s 50-day moving average is $57.79 and its two-hundred day moving average is $58.00. Vanguard Short-Term Treasury Index ETF has a 12-month low of $57.33 and a 12-month high of $58.57.

Vanguard Short-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.206 dividend. This represents a $2.47 dividend on an annualized basis and a yield of 4.27%. This is a positive change from Vanguard Short-Term Treasury Index ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, June 3rd.

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.