Advisor Resource Council Invests $1.16 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Advisor Resource Council purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,973 shares of the company’s stock, valued at approximately $1,158,000.

Several other hedge funds also recently made changes to their positions in VCSH. Prudential PLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.2% in the third quarter. Prudential PLC now owns 24,490,101 shares of the company’s stock valued at $1,840,431,000 after buying an additional 1,439,791 shares in the last quarter. Morgan Stanley grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 9.3% in the fourth quarter. Morgan Stanley now owns 19,774,065 shares of the company’s stock valued at $1,486,812,000 after buying an additional 1,678,893 shares in the last quarter. US Bancorp DE grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 23,754.1% in the third quarter. US Bancorp DE now owns 14,532,843 shares of the company’s stock valued at $1,092,143,000 after buying an additional 14,471,919 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.8% in the third quarter. Envestnet Asset Management Inc. now owns 7,991,429 shares of the company’s stock valued at $600,556,000 after buying an additional 507,400 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH traded up $0.08 during midday trading on Friday, hitting $77.33. The stock had a trading volume of 5,299,926 shares, compared to its average volume of 5,159,194. The business’s 50-day simple moving average is $77.19 and its 200-day simple moving average is $76.29. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $74.43 and a 12 month high of $77.72.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a dividend of $0.229 per share. The ex-dividend date of this dividend was Friday, March 1st.

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.