Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw unusually-strong trading volume on Wednesday . 8,790,715 shares changed hands during trading, an increase of 80% from the previous session’s volume of 4,888,927 shares.The stock last traded at $78.68 and had previously closed at $78.62.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1%

The firm’s fifty day moving average price is $78.70 and its 200-day moving average price is $79.11.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a $0.299 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

Institutional Trading of Vanguard Short-Term Corporate Bond ETF

Institutional investors have recently modified their holdings of the company. Firestone Capital Management grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.5% in the second quarter. Firestone Capital Management now owns 284,093 shares of the company’s stock worth $22,452,000 after purchasing an additional 1,491 shares during the last quarter. Secure Asset Management LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 6.0% in the 2nd quarter. Secure Asset Management LLC now owns 4,907 shares of the company’s stock worth $388,000 after buying an additional 279 shares during the period. Chesapeake Wealth Management grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% in the 2nd quarter. Chesapeake Wealth Management now owns 153,501 shares of the company’s stock worth $12,131,000 after buying an additional 10,280 shares during the last quarter. Bedel Financial Consulting Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 19.2% during the second quarter. Bedel Financial Consulting Inc. now owns 89,970 shares of the company’s stock valued at $7,110,000 after buying an additional 14,513 shares during the period. Finally, Keeler Thomas Management LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the second quarter valued at approximately $2,062,000.

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.