Cadence Bank Raises Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Cadence Bank grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 49.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,515 shares of the company’s stock after purchasing an additional 3,138 shares during the period. Cadence Bank’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $756,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VCSH. Frazier Financial Advisors LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth $29,000. Rothschild Investment LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth $31,000. Tsfg LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth $40,000. Abich Financial Wealth Management LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the 1st quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock worth $43,000 after acquiring an additional 504 shares during the last quarter. Finally, ORG Partners LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth $45,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock opened at $78.51 on Thursday. The business has a fifty day moving average of $78.66 and a 200 day moving average of $78.16. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.05 and a 1 year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2741 per share. The ex-dividend date was Friday, November 1st. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.19%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.