Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Hits New 1-Year Low – Here’s Why

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) shares reached a new 52-week low on Thursday . The company 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 Trading Up 0.1%

The stock’s 50-day moving average is $78.80 and its 200-day moving average is $79.28.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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

Several hedge funds and other institutional investors have recently bought and sold shares of VCSH. Prepared Retirement Institute LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.2% in the 4th quarter. Prepared Retirement Institute LLC now owns 10,752 shares of the company’s stock worth $857,000 after purchasing an additional 126 shares in the last quarter. Boston Trust Walden Corp grew its position in Vanguard Short-Term Corporate Bond ETF by 2.6% during the first quarter. Boston Trust Walden Corp now owns 5,062 shares of the company’s stock valued at $401,000 after buying an additional 126 shares during the period. Running Point Capital Advisors LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 15.5% in the 4th quarter. Running Point Capital Advisors LLC now owns 937 shares of the company’s stock worth $75,000 after purchasing an additional 126 shares during the period. Conservest Capital Advisors Inc. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.9% during the 3rd quarter. Conservest Capital Advisors Inc. now owns 6,746 shares of the company’s stock valued at $539,000 after buying an additional 126 shares during the last quarter. Finally, Csenge Advisory Group boosted its position in Vanguard Short-Term Corporate Bond ETF by 1.8% during the fourth quarter. Csenge Advisory Group now owns 6,998 shares of the company’s stock worth $558,000 after purchasing an additional 127 shares during the period.

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.