Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sets New 1-Year Low – Time to Sell?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)’s share price hit a new 52-week low on Thursday . The company traded as low as $78.01 and last traded at $77.9330, with a volume of 1179 shares changing hands. The stock had previously closed at $78.08.

Vanguard Short-Term Corporate Bond ETF Price Performance

The company has a fifty day moving average price of $78.51 and a 200-day moving average price of $78.93.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in VCSH. Bayban purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter worth approximately $25,000. Imprint Wealth LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at $26,000. Basepoint Wealth LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at $27,000. Jessup Wealth Management Inc bought a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth $30,000. Finally, Compass Financial Management LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the second quarter worth $31,000.

About Vanguard Short-Term Corporate Bond ETF

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.