Prudential Financial Inc. Sells 173,069 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Prudential Financial Inc. trimmed its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 78.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 48,194 shares of the company’s stock after selling 173,069 shares during the period. Prudential Financial Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,760,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of VCSH. Raymond James Financial Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $257,541,000. Janney Montgomery Scott LLC raised its holdings in Vanguard Short-Term Corporate Bond ETF by 71.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock valued at $164,142,000 after buying an additional 878,823 shares during the last quarter. Quantum Financial Planning Services Inc. acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $56,639,000. WestEnd Advisors LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 95.5% during the 4th quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock worth $108,509,000 after acquiring an additional 679,632 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in Vanguard Short-Term Corporate Bond ETF by 73.3% during the 4th quarter. Truist Financial Corp now owns 1,584,861 shares of the company’s stock worth $123,635,000 after acquiring an additional 670,089 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.3 %

VCSH stock opened at $78.73 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.27 and a 52-week high of $79.54. The company has a fifty day moving average price of $78.51 and a 200-day moving average price of $78.49.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.289 per share. The ex-dividend date is Tuesday, April 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.47 annualized dividend and a yield of 4.40%.

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.