Cadence Bank Cuts Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Cadence Bank reduced its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,457 shares of the company’s stock after selling 665 shares during the quarter. Cadence Bank’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Axxcess Wealth Management LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 16.7% during the 1st quarter. Axxcess Wealth Management LLC now owns 70,681 shares of the company’s stock valued at $5,464,000 after buying an additional 10,114 shares in the last quarter. OLD Mission Capital LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 377.4% during the 1st quarter. OLD Mission Capital LLC now owns 95,125 shares of the company’s stock valued at $7,354,000 after acquiring an additional 75,199 shares during the last quarter. Freestone Capital Holdings LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 27.3% during the 1st quarter. Freestone Capital Holdings LLC now owns 9,299 shares of the company’s stock valued at $719,000 after acquiring an additional 1,995 shares during the last quarter. InterOcean Capital Group LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 23.9% during the 1st quarter. InterOcean Capital Group LLC now owns 423,240 shares of the company’s stock valued at $32,721,000 after acquiring an additional 81,668 shares during the last quarter. Finally, Atlanta Consulting Group Advisors LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at approximately $57,000.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2 %

Shares of NASDAQ VCSH traded up $0.15 during midday trading on Friday, reaching $77.95. 2,126,854 shares of the stock traded hands, compared to its average volume of 3,774,857. Vanguard Short-Term Corporate Bond ETF has a one year low of $74.43 and a one year high of $77.98. The company’s 50 day moving average is $77.31 and its 200 day moving average is $77.13.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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.