Orgel Wealth Management LLC Has $423.26 Million Stock Position in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Orgel Wealth Management LLC lifted its stake in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,171,410 shares of the company’s stock after purchasing an additional 328,266 shares during the quarter. Vanguard Short-Term Treasury Index ETF comprises approximately 10.6% of Orgel Wealth Management LLC’s holdings, making the stock its largest position. Orgel Wealth Management LLC owned 2.08% of Vanguard Short-Term Treasury Index ETF worth $423,257,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VGSH. Concord Wealth Partners bought a new position in Vanguard Short-Term Treasury Index ETF in the 1st quarter worth about $27,000. 1620 Investment Advisors Inc. bought a new position in shares of Vanguard Short-Term Treasury Index ETF in the second quarter worth approximately $30,000. Sunbelt Securities Inc. grew its holdings in shares of Vanguard Short-Term Treasury Index ETF by 166.8% during the second quarter. Sunbelt Securities Inc. now owns 619 shares of the company’s stock valued at $36,000 after buying an additional 387 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new stake in shares of Vanguard Short-Term Treasury Index ETF during the third quarter valued at approximately $43,000. Finally, Iron Horse Wealth Management LLC purchased a new position in Vanguard Short-Term Treasury Index ETF in the 2nd quarter worth approximately $52,000.

Vanguard Short-Term Treasury Index ETF Stock Up 0.1 %

VGSH stock opened at $58.63 on Friday. The stock’s 50 day simple moving average is $58.79 and its 200 day simple moving average is $58.22. Vanguard Short-Term Treasury Index ETF has a 12-month low of $57.39 and a 12-month high of $59.13.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.202 per share. This represents a $2.42 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend was Tuesday, October 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.