Sheets Smith Wealth Management Has $5.23 Million Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Sheets Smith Wealth Management trimmed its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,655 shares of the company’s stock after selling 5,552 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $5,234,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VCSH. US Bancorp DE raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 23,754.1% during the 3rd quarter. US Bancorp DE now owns 14,532,843 shares of the company’s stock valued at $1,092,143,000 after acquiring an additional 14,471,919 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 75.2% in the third quarter. JPMorgan Chase & Co. now owns 8,460,295 shares of the company’s stock valued at $635,792,000 after buying an additional 3,630,843 shares during the period. Public Sector Pension Investment Board boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 138.3% during the third quarter. Public Sector Pension Investment Board now owns 3,575,000 shares of the company’s stock worth $268,661,000 after buying an additional 2,075,000 shares during the last quarter. Prudential PLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 6.2% during the third quarter. Prudential PLC now owns 24,490,101 shares of the company’s stock worth $1,840,431,000 after buying an additional 1,439,791 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 7,923.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,343,016 shares of the company’s stock worth $100,924,000 after buying an additional 1,326,278 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH traded up $0.22 during mid-day trading on Friday, reaching $76.93. The stock had a trading volume of 2,713,259 shares, compared to its average volume of 4,722,133. The firm has a 50 day simple moving average of $76.90 and a two-hundred day simple moving average of $76.67. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $74.43 and a twelve month high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be issued a $0.2492 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25.

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.