SouthState Corp Has $9.57 Million Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

SouthState Corp decreased its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 120,462 shares of the company’s stock after selling 586 shares during the quarter. SouthState Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $9,567,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 4,922,885 shares of the company’s stock worth $380,588,000 after purchasing an additional 316,031 shares during the last quarter. Nepc LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 18.1% in the first quarter. Nepc LLC now owns 4,098,375 shares of the company’s stock valued at $316,845,000 after buying an additional 627,993 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Vanguard Short-Term Corporate Bond ETF by 62.5% during the second quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after buying an additional 1,250,000 shares during the last quarter. Carlson Capital Management raised its position in Vanguard Short-Term Corporate Bond ETF by 4.3% during the second quarter. Carlson Capital Management now owns 2,747,410 shares of the company’s stock worth $212,306,000 after acquiring an additional 112,080 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.3% in the second quarter. LPL Financial LLC now owns 2,578,024 shares of the company’s stock valued at $199,217,000 after acquiring an additional 152,540 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $78.23 on Tuesday. The company’s 50-day moving average is $78.80 and its 200-day moving average is $78.10. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $75.72 and a fifty-two week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.2741 per share. This represents a $3.29 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.