Madison Asset Management LLC Cuts Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Madison Asset Management LLC trimmed its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,652 shares of the company’s stock after selling 20,932 shares during the quarter. Madison Asset Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $7,186,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VCSH. Bank of America Corp DE grew its holdings in Vanguard Short-Term Corporate Bond ETF by 3.0% during the 4th quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock valued at $5,680,745,000 after buying an additional 2,051,450 shares in the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% during the 4th quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock worth $1,548,832,000 after acquiring an additional 260,009 shares in the last quarter. Prudential PLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% during the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after acquiring an additional 1,063,112 shares in the last quarter. Nepc LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% during the 4th quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after acquiring an additional 752,893 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% during the 4th quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock valued at $427,663,000 after acquiring an additional 67,797 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH stock opened at $78.59 on Wednesday. The firm has a fifty day moving average price of $78.83 and a 200 day moving average price of $79.30. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.45 and a fifty-two week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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.