Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Increase in Short Interest

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 6,200,000 shares, a growth of 54.6% from the February 13th total of 4,010,000 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average trading volume of 3,933,500 shares, the days-to-cover ratio is currently 1.6 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Silver Oak Wealth Advisors Services LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $4,076,000. Centaurus Financial Inc. grew its position in Vanguard Short-Term Corporate Bond ETF by 100.5% in the 4th quarter. Centaurus Financial Inc. now owns 7,079 shares of the company’s stock worth $552,000 after purchasing an additional 3,549 shares during the period. Lighthouse Financial LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $6,531,000. SpringVest Wealth Management LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at $8,049,000. Finally, Aegis Wealth Management LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at $1,084,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $78.49 on Friday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54. The stock has a fifty day simple moving average of $78.33 and a two-hundred day simple moving average of $78.52.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Short-Term Corporate Bond ETF Company 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.