Patten & Patten Inc. TN Makes New $15.64 Million Investment in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Patten & Patten Inc. TN bought a new position in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) in the fourth quarter, HoldingsChannel reports. The fund bought 268,785 shares of the company’s stock, valued at approximately $15,638,000. Vanguard Short-Term Treasury Index ETF accounts for approximately 1.0% of Patten & Patten Inc. TN’s investment portfolio, making the stock its 25th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Facet Wealth Inc. increased its holdings in Vanguard Short-Term Treasury Index ETF by 5.9% in the 4th quarter. Facet Wealth Inc. now owns 511,637 shares of the company’s stock worth $29,767,000 after purchasing an additional 28,663 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Vanguard Short-Term Treasury Index ETF by 2.7% in the fourth quarter. Harbour Investments Inc. now owns 190,862 shares of the company’s stock valued at $11,104,000 after buying an additional 5,072 shares during the period. Corient Private Wealth LLC increased its stake in shares of Vanguard Short-Term Treasury Index ETF by 66.4% in the fourth quarter. Corient Private Wealth LLC now owns 296,401 shares of the company’s stock valued at $17,245,000 after buying an additional 118,325 shares during the period. HMV Wealth Advisors LLC acquired a new stake in shares of Vanguard Short-Term Treasury Index ETF in the fourth quarter valued at about $356,000. Finally, Whitegate Investment Counselors Inc. acquired a new stake in shares of Vanguard Short-Term Treasury Index ETF in the fourth quarter valued at about $212,000.

Vanguard Short-Term Treasury Index ETF Price Performance

Shares of VGSH stock opened at $58.48 on Friday. The stock has a 50-day moving average of $58.32 and a 200-day moving average of $58.44. Vanguard Short-Term Treasury Index ETF has a 1-year low of $57.46 and a 1-year high of $59.13.

Vanguard Short-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.1873 per share. The ex-dividend date of this dividend was Monday, March 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.