Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Volume Increase – Should You Buy?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) shares saw unusually-high trading volume on Wednesday . Approximately 8,790,715 shares changed hands during trading, an increase of 80% from the previous session’s volume of 4,888,927 shares.The stock last traded at $78.68 and had previously closed at $78.62.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.0%

The company has a 50 day moving average of $78.70 and a 200 day moving average of $79.13.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 6.1% in the first quarter. Bank of America Corp DE now owns 75,626,302 shares of the company’s stock worth $5,994,897,000 after purchasing an additional 4,376,524 shares in the last quarter. Morgan Stanley lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% in the fourth quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock worth $1,548,832,000 after buying an additional 260,009 shares during the last quarter. Prudential PLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% in the fourth quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after buying an additional 1,063,112 shares during the last quarter. Nepc LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% during the 4th quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock worth $459,508,000 after acquiring an additional 752,893 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% during the 4th quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock worth $427,663,000 after acquiring an additional 67,797 shares in the last quarter.

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.