Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 12-Month Low – What’s Next?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)’s stock price hit a new 52-week low on Thursday . The company traded as low as $78.38 and last traded at $78.39, with a volume of 80900 shares trading hands. The stock had previously closed at $78.51.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The firm has a 50 day simple moving average of $78.82 and a 200-day simple moving average of $79.29.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the company. Conservest Capital Advisors Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.9% during the third quarter. Conservest Capital Advisors Inc. now owns 6,746 shares of the company’s stock valued at $539,000 after buying an additional 126 shares during the period. Prepared Retirement Institute LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.2% in the fourth quarter. Prepared Retirement Institute LLC now owns 10,752 shares of the company’s stock worth $857,000 after buying an additional 126 shares in the last quarter. Running Point Capital Advisors LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 15.5% in the fourth quarter. Running Point Capital Advisors LLC now owns 937 shares of the company’s stock valued at $75,000 after acquiring an additional 126 shares during the period. Boston Trust Walden Corp boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.6% in the first quarter. Boston Trust Walden Corp now owns 5,062 shares of the company’s stock valued at $401,000 after acquiring an additional 126 shares during the period. Finally, Csenge Advisory Group grew its stake in Vanguard Short-Term Corporate Bond ETF by 1.8% during the fourth quarter. Csenge Advisory Group now owns 6,998 shares of the company’s stock valued at $558,000 after acquiring an additional 127 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.