Essex LLC Reduces Stock Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Essex LLC cut its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.9% during the 4th quarter, Holdings Channel reports. The firm owned 232,201 shares of the company’s stock after selling 53,970 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up approximately 3.3% of Essex LLC’s holdings, making the stock its 9th largest holding. Essex LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $18,513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.1% during the 3rd quarter. Bank of America Corp DE now owns 69,198,328 shares of the company’s stock worth $5,531,022,000 after buying an additional 5,170,864 shares in the last quarter. UBS Group AG grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 0.5% in the third quarter. UBS Group AG now owns 5,296,098 shares of the company’s stock valued at $423,317,000 after acquiring an additional 24,693 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 62.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock valued at $350,671,000 after acquiring an additional 1,688,808 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 100.0% during the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after acquiring an additional 2,127,325 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 7.1% during the third quarter. Raymond James Financial Inc. now owns 3,642,355 shares of the company’s stock worth $291,133,000 after acquiring an additional 240,201 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH stock opened at $79.10 on Friday. The stock’s fifty day simple moving average is $79.64 and its two-hundred day simple moving average is $79.75. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $77.58 and a 1-year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, April 1st will be issued a $0.297 dividend. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

Vanguard Short-Term Corporate Bond ETF 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.