Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Hits New 12-Month Low – Should You Sell?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $78.01 and last traded at $77.9330, with a volume of 1179 shares changing hands. The stock had previously closed at $78.08.

Vanguard Short-Term Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $78.55 and its two-hundred day simple moving average is $78.95.

Institutional Investors Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in VCSH. Pecaut & CO. grew its stake in Vanguard Short-Term Corporate Bond ETF by 2.0% during the second quarter. Pecaut & CO. now owns 316,064 shares of the company’s stock valued at $24,979,000 after acquiring an additional 6,228 shares in the last quarter. Tidal Investments LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 52.5% during the second quarter. Tidal Investments LLC now owns 71,994 shares of the company’s stock worth $5,669,000 after acquiring an additional 24,795 shares during the last quarter. Capital Analysts LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 31.7% during the 2nd quarter. Capital Analysts LLC now owns 2,607 shares of the company’s stock valued at $206,000 after purchasing an additional 628 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 38.4% during the second quarter. Integrated Wealth Concepts LLC now owns 11,805 shares of the company’s stock worth $933,000 after buying an additional 3,275 shares during the period. Finally, RFG Advisory LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 1.5% during the second quarter. RFG Advisory LLC now owns 190,573 shares of the company’s stock worth $15,061,000 after buying an additional 2,771 shares during the period.

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.