Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 12-Month Low – Here’s What Happened

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) shares reached a new 52-week low on Wednesday . The company traded as low as $77.63 and last traded at $77.6350, with a volume of 7751465 shares trading hands. The stock had previously closed at $77.65.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The company’s 50 day moving average price is $78.43 and its 200-day moving average price is $78.85.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 6.1% during the 1st quarter. Bank of America Corp DE now owns 75,626,302 shares of the company’s stock worth $5,994,897,000 after acquiring an additional 4,376,524 shares during the period. Prudential PLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.6% in 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 in the last quarter. Royal Bank of Canada lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 5,266,555 shares of the company’s stock valued at $417,480,000 after purchasing an additional 180,613 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,675,562 shares of the company’s stock valued at $291,362,000 after purchasing an additional 225,748 shares during the period. Finally, LPL Financial LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.0% during the fourth quarter. LPL Financial LLC now owns 3,412,035 shares of the company’s stock valued at $272,042,000 after purchasing an additional 66,477 shares in the last quarter.

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.