Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Drop in Short Interest

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 5,000,000 shares, a decline of 56.5% from the November 30th total of 11,490,000 shares. Based on an average trading volume of 3,258,300 shares, the short-interest ratio is presently 1.5 days.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH opened at $77.91 on Friday. The business’s fifty day simple moving average is $78.34 and its 200 day simple moving average is $78.33. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.27 and a 52 week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th will be given a dividend of $0.2798 per share. The ex-dividend date of this dividend is Tuesday, December 24th. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26.

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

A number of large investors have recently modified their holdings of VCSH. JPMorgan Chase & Co. grew its position in Vanguard Short-Term Corporate Bond ETF by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock valued at $367,806,000 after acquiring an additional 75,949 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 42.5% in the 3rd quarter. Principal Financial Group Inc. now owns 586,243 shares of the company’s stock valued at $46,559,000 after purchasing an additional 174,869 shares in the last quarter. Hiley Hunt Wealth Management grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.9% during the 3rd quarter. Hiley Hunt Wealth Management now owns 160,667 shares of the company’s stock valued at $12,760,000 after purchasing an additional 4,468 shares during the last quarter. Lord Abbett & CO. LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth $230,000. Finally, Logan Capital Management Inc. raised its position in Vanguard Short-Term Corporate Bond ETF by 6.7% in the 3rd quarter. Logan Capital Management Inc. now owns 3,052 shares of the company’s stock worth $242,000 after purchasing an additional 192 shares during the period.

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.