Prudential Financial Inc. Buys 114,598 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Prudential Financial Inc. boosted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 236.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,159 shares of the company’s stock after acquiring an additional 114,598 shares during the quarter. Prudential Financial Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $12,971,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Prudential PLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 9.7% during the 1st quarter. Prudential PLC now owns 20,869,611 shares of the company’s stock worth $1,647,447,000 after purchasing an additional 1,844,380 shares in the last quarter. Nepc LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 15.7% during the first quarter. Nepc LLC now owns 4,864,970 shares of the company’s stock worth $384,041,000 after buying an additional 658,773 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Vanguard Short-Term Corporate Bond ETF by 4.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,224,830 shares of the company’s stock valued at $254,568,000 after buying an additional 135,207 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 146.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,974,971 shares of the company’s stock valued at $236,510,000 after acquiring an additional 1,768,572 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Vanguard Short-Term Corporate Bond ETF by 8.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 2,722,148 shares of the company’s stock worth $214,886,000 after acquiring an additional 221,426 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.0%

Shares of VCSH opened at $80.08 on Friday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $77.58 and a twelve month high of $80.15. The company has a 50 day moving average of $79.86 and a 200-day moving average of $79.47.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a $0.2974 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, November 3rd.

Vanguard Short-Term Corporate Bond ETF 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.