Vanguard Short-Term Corporate Bond ETF $VCSH Stake Cut by Retirement Systems of Alabama

Retirement Systems of Alabama decreased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 674,310 shares of the company’s stock after selling 46,525 shares during the period. Retirement Systems of Alabama’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $53,898,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VCSH. Brighton Jones LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth $252,000. Millennium Management LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 6.4% during the 1st quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after buying an additional 4,096 shares during the period. Fifth Third Bancorp raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 11.8% during the 2nd quarter. Fifth Third Bancorp now owns 4,682 shares of the company’s stock worth $372,000 after buying an additional 495 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 245.1% during the second quarter. ST Germain D J Co. Inc. now owns 3,372 shares of the company’s stock worth $268,000 after purchasing an additional 2,395 shares in the last quarter. Finally, Rezny Wealth Management Inc. lifted its position in Vanguard Short-Term Corporate Bond ETF by 2.2% in the second quarter. Rezny Wealth Management Inc. now owns 80,590 shares of the company’s stock worth $6,407,000 after purchasing an additional 1,760 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1%

Shares of VCSH stock opened at $79.85 on Friday. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $77.58 and a 1 year high of $80.15. The business’s fifty day moving average is $79.77 and its 200-day moving average is $79.71.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were issued a $0.3005 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Thursday, December 18th. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.