Redwood Financial Network Corp Trims Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Redwood Financial Network Corp reduced its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 8.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,326 shares of the company’s stock after selling 500 shares during the period. Redwood Financial Network Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of VCSH. Barings LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 14,389.8% during the first quarter. Barings LLC now owns 5,108,527 shares of the company’s stock worth $394,940,000 after purchasing an additional 5,073,271 shares during the period. Nepc LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $268,503,000. Public Sector Pension Investment Board boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 45.5% in the fourth quarter. Public Sector Pension Investment Board now owns 5,200,000 shares of the company’s stock valued at $402,324,000 after acquiring an additional 1,625,000 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 405.5% during the first quarter. Janney Montgomery Scott LLC now owns 1,374,713 shares of the company’s stock worth $106,279,000 after acquiring an additional 1,102,762 shares during the period. Finally, First Financial Bankshares Inc purchased a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $79,327,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $79.13 on Tuesday. The company has a 50-day moving average price of $78.23 and a 200 day moving average price of $77.43. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $74.43 and a 52 week high of $79.23.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.2627 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.