Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) to Issue Monthly Dividend of $0.30

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) declared a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.297 per share on Monday, April 6th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 9.9% increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.3%

VCSH stock traded down $0.23 on Wednesday, hitting $79.04. 5,232,599 shares of the company’s stock traded hands, compared to its average volume of 6,039,634. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $77.58 and a 1-year high of $80.26. The stock has a fifty day moving average of $79.67 and a 200-day moving average of $79.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its position in Vanguard Short-Term Corporate Bond ETF by 3.0% in the 4th quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock worth $5,680,745,000 after purchasing an additional 2,051,450 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% during the 4th quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock valued at $1,548,832,000 after buying an additional 260,009 shares during the last quarter. Prudential PLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% during the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock valued at $1,075,444,000 after buying an additional 1,063,112 shares during the last quarter. Nepc LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% in the 4th quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after buying an additional 752,893 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% in the 4th quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock valued at $427,663,000 after buying an additional 67,797 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Company Profile

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.