CVS HEALTH Corp Makes New $17 Million Investment in Vanguard Short-Term Corporate Bond ETF $VCSH

CVS HEALTH Corp bought a new position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 220,000 shares of the company’s stock, valued at approximately $16,995,000. Vanguard Short-Term Corporate Bond ETF makes up approximately 4.0% of CVS HEALTH Corp’s portfolio, making the stock its 8th biggest holding.

Several other hedge funds have also added to or reduced their stakes in VCSH. Triumph Capital Management increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1,137.0% during the third quarter. Triumph Capital Management now owns 334 shares of the company’s stock valued at $26,000 after acquiring an additional 307 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter worth about $27,000. Compass Financial Management LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth about $31,000. North Point Portfolio Managers Corp OH purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth about $36,000. Finally, Olistico Wealth LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth about $37,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH stock opened at $77.47 on Thursday. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.89 and a one year high of $80.26. The company’s 50-day moving average is $77.57 and its 200 day moving average is $78.72.

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.