Fmr LLC Cuts Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Fmr LLC reduced its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 12.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,007 shares of the company’s stock after selling 885 shares during the quarter. Fmr LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. increased its holdings in Vanguard Short-Term Corporate Bond ETF by 3.8% in the third quarter. D.A. Davidson & CO. now owns 87,382 shares of the company’s stock valued at $6,940,000 after buying an additional 3,182 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock valued at $183,305,000 after acquiring an additional 117,998 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 5.5% in the 3rd quarter. Daiwa Securities Group Inc. now owns 59,130 shares of the company’s stock valued at $4,696,000 after purchasing an additional 3,100 shares in the last quarter. Pekin Hardy Strauss Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 53.4% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 6,011 shares of the company’s stock worth $477,000 after purchasing an additional 2,092 shares during the period. Finally, Wescott Financial Advisory Group LLC boosted its position in Vanguard Short-Term Corporate Bond ETF by 4.5% during the third quarter. Wescott Financial Advisory Group LLC now owns 320,778 shares of the company’s stock worth $25,476,000 after purchasing an additional 13,745 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH opened at $78.01 on Thursday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54. The stock’s 50 day moving average is $78.44 and its two-hundred day moving average is $78.31.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2741 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.29 dividend on an annualized basis and a yield of 4.22%. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.