CVS HEALTH Corp Takes $9.51 Million Position in Vanguard Short-Term Corporate Bond ETF $VCSH

CVS HEALTH Corp bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 120,000 shares of the company’s stock, valued at approximately $9,512,000. Vanguard Short-Term Corporate Bond ETF accounts for about 4.5% of CVS HEALTH Corp’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its stake in Vanguard Short-Term Corporate Bond ETF by 3.0% during the 4th quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock valued at $5,680,745,000 after purchasing an additional 2,051,450 shares in the last quarter. Morgan Stanley lifted its stake 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 valued at $1,548,832,000 after buying an additional 260,009 shares in the last quarter. Prudential PLC lifted its stake 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 valued at $1,075,444,000 after buying an additional 1,063,112 shares in the last quarter. Nepc LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% during the fourth quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after buying an additional 752,893 shares during the last quarter. Finally, UBS Group AG grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% during the fourth quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock valued at $427,663,000 after buying an additional 67,797 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $78.64 on Tuesday. The firm has a 50-day moving average of $78.84 and a 200-day moving average of $79.31. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.45 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

About Vanguard Short-Term Corporate Bond ETF

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.