Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Decline in Short Interest

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 3,260,000 shares, a decrease of 49.5% from the August 31st total of 6,460,000 shares. Based on an average daily trading volume, of 3,077,200 shares, the days-to-cover ratio is currently 1.1 days.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH stock opened at $79.52 on Friday. The firm has a 50 day moving average of $78.74 and a 200-day moving average of $77.65. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $74.43 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.2627 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Biltmore Family Office LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% in the 1st quarter. Biltmore Family Office LLC now owns 4,774 shares of the company’s stock worth $369,000 after buying an additional 132 shares during the last quarter. Tempus Wealth Planning LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% in the second quarter. Tempus Wealth Planning LLC now owns 3,911 shares of the company’s stock worth $302,000 after buying an additional 134 shares during the period. Western Wealth Management LLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 1.4% during the 2nd quarter. Western Wealth Management LLC now owns 10,284 shares of the company’s stock valued at $795,000 after acquiring an additional 138 shares during the period. Macroview Investment Management LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 16.0% during the 1st quarter. Macroview Investment Management LLC now owns 1,014 shares of the company’s stock worth $78,000 after acquiring an additional 140 shares during the last quarter. Finally, Orrstown Financial Services Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF by 3.0% in the 2nd quarter. Orrstown Financial Services Inc. now owns 5,243 shares of the company’s stock worth $405,000 after purchasing an additional 151 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.