Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 12-Month Low – What’s Next?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSHGet Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $78.38 and last traded at $78.39, with a volume of 80900 shares changing hands. The stock had previously closed at $78.51.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

The stock has a fifty day simple moving average of $78.82 and a 200-day simple moving average of $79.29.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2876 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.1% in the first quarter. Bank of America Corp DE now owns 75,626,302 shares of the company’s stock valued at $5,994,897,000 after buying an additional 4,376,524 shares during the period. Corient Private Wealth LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 100.0% during the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after acquiring an additional 2,127,325 shares during the period. South Dakota Investment Council acquired a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $130,625,000. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the 1st quarter valued at approximately $116,756,000. Finally, Prudential PLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% in the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after acquiring an additional 1,063,112 shares during the period.

About Vanguard Short-Term Corporate Bond ETF

(Get Free Report)

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.

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