Short Interest in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Drops By 59.9%

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 4,010,000 shares, a decrease of 59.9% from the January 31st total of 10,000,000 shares. Based on an average daily trading volume, of 3,791,500 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Vanguard Short-Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in Vanguard Short-Term Corporate Bond ETF by 18.0% during the fourth quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock worth $4,762,539,000 after buying an additional 9,313,379 shares in the last quarter. American Family Investments Inc. boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 244.9% during the 4th quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock worth $393,326,000 after acquiring an additional 3,580,000 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $257,541,000. Janney Montgomery Scott LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 71.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock valued at $164,142,000 after purchasing an additional 878,823 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after purchasing an additional 874,756 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.0 %

Shares of NASDAQ VCSH opened at $78.77 on Friday. The company has a 50-day moving average price of $78.19 and a 200-day moving average price of $78.52. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.27 and a 1 year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2813 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.28.

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.