CIBC Bancorp USA Inc. Makes New $23.65 Million Investment in Vanguard Short-Term Corporate Bond ETF $VCSH

CIBC Bancorp USA Inc. purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 295,924 shares of the company’s stock, valued at approximately $23,653,000.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 69,198,328 shares of the company’s stock valued at $5,531,022,000 after acquiring an additional 5,170,864 shares in the last quarter. III Capital Management purchased a new position in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $171,720,000. Corient Private Wealth LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 100.0% during the 2nd quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock worth $338,199,000 after purchasing an additional 2,127,325 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Corporate Bond ETF by 146.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,974,971 shares of the company’s stock valued at $236,510,000 after purchasing an additional 1,768,572 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in Vanguard Short-Term Corporate Bond ETF by 62.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock valued at $350,671,000 after purchasing an additional 1,688,808 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $79.14 on Thursday. The stock has a fifty day moving average of $79.81 and a 200-day moving average of $79.81. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $77.58 and a 12-month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2703 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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.