Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 1-Year Low – Should You Sell?

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSHGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $78.57 and last traded at $78.58, with a volume of 283031 shares changing hands. The stock had previously closed at $78.67.

Vanguard Short-Term Corporate Bond ETF Price Performance

The stock’s 50-day moving average price is $78.90 and its two-hundred day moving average price is $79.36.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2876 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.4%.

Institutional Investors Weigh In On Vanguard Short-Term Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bayban bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter worth approximately $25,000. Imprint Wealth LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter valued at approximately $26,000. Optima Capital LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at approximately $27,000. Camelot Portfolios LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $27,000. Finally, Basepoint Wealth LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the first quarter worth $27,000.

About Vanguard Short-Term Corporate Bond ETF

(Get Free Report)

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.

Further Reading

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