Truist Financial Corp Increases Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Truist Financial Corp boosted its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,656,815 shares of the company’s stock after acquiring an additional 120,756 shares during the period. Truist Financial Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $132,429,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $252,000. Millennium Management LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 6.4% in the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after purchasing an additional 4,096 shares during the period. Fifth Third Bancorp increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 11.8% in the second quarter. Fifth Third Bancorp now owns 4,682 shares of the company’s stock valued at $372,000 after buying an additional 495 shares in the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter valued at approximately $244,000. Finally, Capital Investment Advisors LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.7% during the 2nd quarter. Capital Investment Advisors LLC now owns 29,057 shares of the company’s stock worth $2,310,000 after buying an additional 1,033 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ:VCSH opened at $79.92 on Wednesday. The business’s 50 day moving average price is $79.78 and its 200-day moving average price is $79.73. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $77.58 and a 1 year high of $80.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.