Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Hits New 1-Year High at $77.90

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $77.90 and last traded at $77.85, with a volume of 68668 shares traded. The stock had previously closed at $77.76.

Vanguard Short-Term Corporate Bond ETF Price Performance

The firm’s 50-day moving average is $77.28 and its 200-day moving average is $77.12.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a $0.2559 dividend. The ex-dividend date was Monday, July 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in Vanguard Short-Term Corporate Bond ETF by 9.2% in the fourth quarter. UBS Group AG now owns 5,452,079 shares of the company’s stock worth $421,827,000 after acquiring an additional 460,257 shares in the last quarter. Public Sector Pension Investment Board boosted its position in Vanguard Short-Term Corporate Bond ETF by 45.5% during the fourth quarter. Public Sector Pension Investment Board now owns 5,200,000 shares of the company’s stock valued at $402,324,000 after buying an additional 1,625,000 shares during the period. Barings LLC boosted its position in Vanguard Short-Term Corporate Bond ETF by 14,389.8% during the first quarter. Barings LLC now owns 5,108,527 shares of the company’s stock valued at $394,940,000 after buying an additional 5,073,271 shares during the period. Vanguard Group Inc. boosted its position in Vanguard Short-Term Corporate Bond ETF by 6.9% during the first quarter. Vanguard Group Inc. now owns 4,922,885 shares of the company’s stock valued at $380,588,000 after buying an additional 316,031 shares during the period. Finally, Nepc LLC boosted its position in Vanguard Short-Term Corporate Bond ETF by 18.1% during the first quarter. Nepc LLC now owns 4,098,375 shares of the company’s stock valued at $316,845,000 after buying an additional 627,993 shares during the period.

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.