Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Volume Increase – Time to Buy?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw strong trading volume on Wednesday . 5,110,043 shares were traded during mid-day trading, an increase of 43% from the previous session’s volume of 3,570,094 shares.The stock last traded at $78.45 and had previously closed at $78.42.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2 %

The company has a fifty day simple moving average of $78.68 and a two-hundred day simple moving average of $78.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2741 per share. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

Institutional Trading of Vanguard Short-Term Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VCSH. Jane Street Group LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 184.5% during the 1st quarter. Jane Street Group LLC now owns 450,805 shares of the company’s stock valued at $34,852,000 after acquiring an additional 292,368 shares during the last quarter. Comerica Bank lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 7.7% in the 1st quarter. Comerica Bank now owns 338,567 shares of the company’s stock valued at $26,175,000 after purchasing an additional 24,173 shares during the period. Citizens Financial Group Inc. RI increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 15.0% in the 1st quarter. Citizens Financial Group Inc. RI now owns 22,538 shares of the company’s stock valued at $1,742,000 after buying an additional 2,948 shares in the last quarter. Strategic Wealth Partners Ltd. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.1% during the first quarter. Strategic Wealth Partners Ltd. now owns 8,447 shares of the company’s stock worth $653,000 after purchasing an additional 172 shares during the period. Finally, Nepc LLC lifted its stake in 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.

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.