Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 12-Month Low – Here’s Why

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSHGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $78.45 and last traded at $78.46, with a volume of 5064043 shares trading hands. The stock had previously closed at $78.61.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

The company has a 50 day moving average of $78.87 and a two-hundred day moving average of $79.35.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2876 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Bayban bought a new stake in Vanguard Short-Term Corporate Bond ETF during the first quarter worth about $25,000. Imprint Wealth LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the third quarter valued at approximately $26,000. Optima Capital LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $27,000. Camelot Portfolios LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $27,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the first quarter valued at approximately $27,000.

About Vanguard Short-Term Corporate Bond ETF

(Get Free Report)

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.

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