Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Reaches New 1-Year Low – Should You Sell?

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $78.35 and last traded at $78.35, with a volume of 923 shares trading hands. The stock had previously closed at $78.53.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

The business has a 50 day moving average price of $78.67 and a 200 day moving average price of $79.05.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a $0.299 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Investors Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VCSH. Cornerstone Financial Management LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. Cornerstone Financial Management LLC now owns 27,201 shares of the company’s stock valued at $2,150,000 after buying an additional 931 shares during the period. Corient Private Wealth LP boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.7% during the 2nd quarter. Corient Private Wealth LP now owns 2,251,764 shares of the company’s stock worth $177,957,000 after acquiring an additional 80,439 shares in the last quarter. HORAN Wealth LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% during the 2nd quarter. HORAN Wealth LLC now owns 88,597 shares of the company’s stock worth $7,002,000 after acquiring an additional 1,264 shares in the last quarter. Strategic Financial Services Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.7% during the 2nd quarter. Strategic Financial Services Inc. now owns 1,534,255 shares of the company’s stock valued at $121,252,000 after acquiring an additional 83,106 shares during the period. Finally, Hyundai Investments Co. Ltd. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 89.0% during the 2nd quarter. Hyundai Investments Co. Ltd. now owns 8,147 shares of the company’s stock valued at $645,000 after acquiring an additional 3,836 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.