RiverFront Investment Group LLC Cuts Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

RiverFront Investment Group LLC decreased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,499,179 shares of the company’s stock after selling 24,566 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for 3.6% of RiverFront Investment Group LLC’s portfolio, making the stock its 7th largest position. RiverFront Investment Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $115,991,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Exchange Traded Concepts LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at approximately $134,000. Modus Advisors LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% in the third quarter. Modus Advisors LLC now owns 55,777 shares of the company’s stock valued at $4,192,000 after purchasing an additional 1,544 shares during the period. Sunesis Advisors LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at approximately $1,460,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at approximately $689,000. Finally, PrairieView Partners LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.5% in the third quarter. PrairieView Partners LLC now owns 715,969 shares of the company’s stock valued at $53,805,000 after purchasing an additional 10,547 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ VCSH traded up $0.04 during trading hours on Friday, reaching $76.57. The stock had a trading volume of 2,851,153 shares, compared to its average volume of 4,850,992. The business’s fifty day moving average price is $76.94 and its two-hundred day moving average price is $76.60. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $74.43 and a 52-week high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.2479 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, April 1st.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.