Cedar Point Capital Partners LLC Sells 16,042 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Cedar Point Capital Partners LLC lessened its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 26.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,287 shares of the company’s stock after selling 16,042 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up about 2.6% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 12th largest position. Cedar Point Capital Partners LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. DecisionPoint Financial LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.5% during the 4th quarter. DecisionPoint Financial LLC now owns 57,529 shares of the company’s stock worth $4,451,000 after purchasing an additional 4,525 shares in the last quarter. Robinson Smith Wealth Advisors LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $327,000. BNP Paribas Financial Markets boosted its position in Vanguard Short-Term Corporate Bond ETF by 1,081.7% in the 4th quarter. BNP Paribas Financial Markets now owns 2,655,712 shares of the company’s stock valued at $205,472,000 after buying an additional 2,430,983 shares during the last quarter. Telos Capital Management Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.9% in the 4th quarter. Telos Capital Management Inc. now owns 69,168 shares of the company’s stock valued at $5,352,000 after buying an additional 1,261 shares during the period. Finally, Cornerstone Advisory LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 50.7% during the fourth quarter. Cornerstone Advisory LLC now owns 14,163 shares of the company’s stock worth $1,096,000 after acquiring an additional 4,763 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock traded up $0.03 during mid-day trading on Wednesday, hitting $78.59. The stock had a trading volume of 2,757,119 shares, compared to its average volume of 3,712,166. The stock has a 50-day simple moving average of $77.62 and a two-hundred day simple moving average of $77.21. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $74.43 and a 12 month high of $78.64.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.2669 dividend. The ex-dividend date was Thursday, August 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26.

Vanguard Short-Term Corporate Bond ETF 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.