Busey Bank Raises Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Busey Bank increased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 10.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,067,723 shares of the company’s stock after buying an additional 99,701 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises about 2.3% of Busey Bank’s investment portfolio, making the stock its 11th biggest position. Busey Bank’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $84,638,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCSH. Bank of America Corp DE increased its stake in Vanguard Short-Term Corporate Bond ETF by 3.0% during the fourth quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock worth $5,680,745,000 after acquiring an additional 2,051,450 shares during the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% in the 4th quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock worth $1,548,832,000 after purchasing an additional 260,009 shares during the period. Prudential PLC lifted its stake 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 valued at $1,075,444,000 after purchasing an additional 1,063,112 shares in the last quarter. Nepc LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% in the 4th quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after purchasing an additional 752,893 shares in the last quarter. Finally, UBS Group AG lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% in the 4th quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock valued at $427,663,000 after purchasing an additional 67,797 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.79 on Monday. The stock has a 50-day simple moving average of $78.96 and a 200-day simple moving average of $79.39. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $78.60 and a 1 year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.2876 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.