Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Short Interest Down 56.5% in December

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 5,000,000 shares, a drop of 56.5% from the November 30th total of 11,490,000 shares. Based on an average daily trading volume, of 3,258,300 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Frazier Financial Advisors LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter valued at about $29,000. Rothschild Investment LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at approximately $31,000. Tsfg LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the third quarter worth approximately $40,000. Venturi Wealth Management LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 823.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 582 shares of the company’s stock valued at $46,000 after buying an additional 519 shares during the last quarter. Finally, First Community Trust NA acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth $59,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH traded down $0.04 during trading on Friday, hitting $77.87. The company’s stock had a trading volume of 2,563,545 shares, compared to its average volume of 3,602,451. The business has a 50 day moving average price of $78.32 and a two-hundred day moving average price of $78.34. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $76.27 and a fifty-two week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2798 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Tuesday, December 24th.

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.