Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Reaches New 12-Month Low – Time to Sell?

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSHGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $78.45 and last traded at $78.46, with a volume of 5064043 shares trading hands. The stock had previously closed at $78.61.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The stock has a 50 day simple moving average of $78.86 and a 200 day simple moving average of $79.33.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

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

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bayban bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter worth approximately $25,000. Imprint Wealth LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the third quarter worth $26,000. Optima Capital LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $27,000. Camelot Portfolios LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $27,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter valued at $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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