Sequoia Financial Advisors LLC Has $291.36 Million Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Sequoia Financial Advisors LLC increased its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.5% during the first quarter, Holdings Channel reports. The firm owned 3,675,562 shares of the company’s stock after acquiring an additional 225,748 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up approximately 1.6% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Sequoia Financial Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $291,362,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VCSH. Bank of America Corp DE grew its stake in Vanguard Short-Term Corporate Bond ETF by 8.1% during the third quarter. Bank of America Corp DE now owns 69,198,328 shares of the company’s stock worth $5,531,022,000 after buying an additional 5,170,864 shares in the last quarter. Corient Private Wealth LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 100.0% in the 2nd quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after buying an additional 2,127,325 shares in the last quarter. South Dakota Investment Council bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $130,625,000. Prudential PLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% during the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after acquiring an additional 1,063,112 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $67,772,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH traded down $0.08 during mid-day trading on Friday, reaching $78.61. The stock had a trading volume of 4,248,772 shares, compared to its average volume of 5,211,400. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $78.54 and a 12 month high of $80.26. The stock has a 50-day simple moving average of $78.89 and a two-hundred day simple moving average of $79.35.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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.