Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Announces Monthly Dividend of $0.30

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) declared a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.297 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 9.9% increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.3%

VCSH stock traded down $0.23 during trading hours on Wednesday, hitting $79.04. 5,232,599 shares of the stock were exchanged, compared to its average volume of 6,039,634. The company has a 50-day simple moving average of $79.67 and a two-hundred day simple moving average of $79.76. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $77.58 and a 12 month high of $80.26.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 69,198,328 shares of the company’s stock valued at $5,531,022,000 after purchasing an additional 5,170,864 shares during the period. III Capital Management acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter valued at approximately $171,720,000. Corient Private Wealth LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 100.0% in the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after buying an additional 2,127,325 shares during the period. The Manufacturers Life Insurance Company grew its position in Vanguard Short-Term Corporate Bond ETF by 62.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock worth $350,671,000 after buying an additional 1,688,808 shares in the last quarter. Finally, South Dakota Investment Council acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth approximately $130,625,000.

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.