Madison Asset Management LLC Decreases Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Madison Asset Management LLC lowered its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 90,652 shares of the company’s stock after selling 20,932 shares during the quarter. Madison Asset Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $7,186,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VCSH. Corient Private Wealth LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 100.0% in the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock worth $338,199,000 after buying an additional 2,127,325 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.0% in the fourth quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock valued at $5,680,745,000 after acquiring an additional 2,051,450 shares during the period. South Dakota Investment Council purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $130,625,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter worth about $116,756,000. Finally, Prudential PLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% during the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after purchasing an additional 1,063,112 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:VCSH opened at $78.59 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $78.45 and a 12 month high of $80.26. The firm’s 50-day moving average is $78.83 and its 200 day moving average is $79.30.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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.