L. Roy Papp & Associates LLP Reduces Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

L. Roy Papp & Associates LLP reduced its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,745 shares of the company’s stock after selling 600 shares during the period. L. Roy Papp & Associates LLP’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,012,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Biltmore Family Office LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% during the 1st quarter. Biltmore Family Office LLC now owns 4,774 shares of the company’s stock valued at $369,000 after acquiring an additional 132 shares during the period. Tempus Wealth Planning LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. Tempus Wealth Planning LLC now owns 3,911 shares of the company’s stock valued at $302,000 after purchasing an additional 134 shares during the period. Western Wealth Management LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 1.4% during the second quarter. Western Wealth Management LLC now owns 10,284 shares of the company’s stock valued at $795,000 after purchasing an additional 138 shares during the period. Orrstown Financial Services Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 3.0% in the second quarter. Orrstown Financial Services Inc. now owns 5,243 shares of the company’s stock worth $405,000 after buying an additional 151 shares in the last quarter. Finally, Friedenthal Financial raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.1% in the third quarter. Friedenthal Financial now owns 13,874 shares of the company’s stock worth $1,102,000 after buying an additional 153 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCSH stock traded down $0.06 during trading hours on Friday, reaching $78.54. 1,472,996 shares of the company traded hands, compared to its average volume of 3,606,850. The firm has a 50-day moving average price of $78.99 and a 200 day moving average price of $77.89. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $74.66 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 dividend of $0.2627 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.