Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 52-Week High – Should You Buy?

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $80.16 and last traded at $80.16, with a volume of 960854 shares. The stock had previously closed at $80.09.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The stock’s 50-day moving average is $79.84 and its two-hundred day moving average is $79.82.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2972 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.29.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Imprint Wealth LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter valued at approximately $26,000. Optima Capital LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $27,000. Camelot Portfolios LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth about $27,000. Jessup Wealth Management Inc purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth about $30,000. Finally, Versant Capital Management Inc purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the third quarter valued at approximately $33,000.

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.