Sequoia Financial Advisors LLC Has $291.36 Million Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Sequoia Financial Advisors LLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSHFree Report) by 6.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,675,562 shares of the company’s stock after purchasing an additional 225,748 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.6% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Sequoia Financial Advisors LLC owned approximately 0.70% of Vanguard Short-Term Corporate Bond ETF worth $291,362,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Bayban bought a new position in Vanguard Short-Term Corporate Bond ETF during the 1st quarter worth $25,000. Imprint Wealth LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at about $26,000. Optima Capital LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $27,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $27,000. Finally, Jessup Wealth Management Inc bought a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $30,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock traded down $0.08 during midday trading on Friday, hitting $78.61. The company’s stock had a trading volume of 4,248,772 shares, compared to its average volume of 5,211,400. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $78.54 and a 1-year high of $80.26. The company has a 50-day moving average price of $78.89 and a two-hundred day moving average price of $79.35.

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 issued a dividend of $0.2876 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

Vanguard Short-Term Corporate Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

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