Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Strong Trading Volume – What’s Next?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) shares saw unusually-high trading volume on Thursday . Approximately 12,621,297 shares traded hands during trading, an increase of 193% from the previous session’s volume of 4,309,927 shares.The stock last traded at $78.74 and had previously closed at $78.74.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The firm’s 50-day simple moving average is $78.46 and its 200 day simple moving average is $78.50.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2588 dividend. The ex-dividend date was Monday, March 3rd.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Commerce Bank raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 26.2% in the 3rd quarter. Commerce Bank now owns 5,825 shares of the company’s stock valued at $463,000 after acquiring an additional 1,210 shares during the period. Advisors Asset Management Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 42.7% in the third quarter. Advisors Asset Management Inc. now owns 3,637 shares of the company’s stock worth $289,000 after purchasing an additional 1,089 shares during the period. Citigroup Inc. boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 81.5% during the third quarter. Citigroup Inc. now owns 57,430 shares of the company’s stock worth $4,561,000 after purchasing an additional 25,788 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.5% during the third quarter. Daiwa Securities Group Inc. now owns 59,130 shares of the company’s stock worth $4,696,000 after purchasing an additional 3,100 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% in 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 buying an additional 117,998 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.