SouthState Bank Corp Buys 96,100 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

SouthState Bank Corp raised its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 74.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,236 shares of the company’s stock after purchasing an additional 96,100 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $17,854,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VCSH. Brighton Jones LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $252,000. Millennium Management LLC increased its position in Vanguard Short-Term Corporate Bond ETF by 6.4% during the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock worth $5,414,000 after buying an additional 4,096 shares during the last quarter. First Trust Advisors LP increased its position in Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock worth $1,536,000 after buying an additional 646 shares during the last quarter. Brown Advisory Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF by 3.4% in the second quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after buying an additional 226 shares during the period. Finally, Peapack Gladstone Financial Corp raised its stake in Vanguard Short-Term Corporate Bond ETF by 3.6% in the second quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after buying an additional 1,337 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2%

VCSH opened at $78.60 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.45 and a 12-month high of $80.26. The business has a 50 day moving average of $78.87 and a 200-day moving average of $79.34.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2876 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.4%.

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.