Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Reaches New 12-Month High at $78.64

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $78.64 and last traded at $78.62, with a volume of 695533 shares traded. The stock had previously closed at $78.56.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The stock has a 50-day moving average price of $77.71 and a 200 day moving average price of $77.24.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.2669 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 4,914 shares of the company’s stock valued at $380,000 after acquiring an additional 332 shares in the last quarter. Tennessee Valley Asset Management Partners purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $31,000. Vontobel Holding Ltd. boosted its stake in Vanguard Short-Term Corporate Bond ETF by 4.0% during the 4th quarter. Vontobel Holding Ltd. now owns 20,157 shares of the company’s stock worth $1,560,000 after purchasing an additional 776 shares during the last quarter. SVB Wealth LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 25.9% during the fourth quarter. SVB Wealth LLC now owns 3,861 shares of the company’s stock worth $299,000 after buying an additional 795 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 24.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 47,530 shares of the company’s stock valued at $3,677,000 after buying an additional 9,300 shares during the last quarter.

About Vanguard Short-Term Corporate Bond ETF

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.