Sheets Smith Investment Management Acquires New Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Sheets Smith Investment Management acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 135,045 shares of the company’s stock, valued at approximately $10,535,000. Vanguard Short-Term Corporate Bond ETF accounts for approximately 8.9% of Sheets Smith Investment Management’s holdings, making the stock its largest position.

Several other large investors also recently added to or reduced their stakes in VCSH. GAMMA Investing LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 60.7% during the fourth quarter. GAMMA Investing LLC now owns 5,886 shares of the company’s stock valued at $459,000 after purchasing an additional 2,223 shares in the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Short-Term Corporate Bond ETF by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock valued at $367,806,000 after purchasing an additional 75,949 shares in the last quarter. Vontobel Holding Ltd. raised its position in Vanguard Short-Term Corporate Bond ETF by 3.4% during the fourth quarter. Vontobel Holding Ltd. now owns 20,033 shares of the company’s stock valued at $1,563,000 after purchasing an additional 660 shares in the last quarter. Park Avenue Securities LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 64.7% during the fourth quarter. Park Avenue Securities LLC now owns 12,761 shares of the company’s stock valued at $995,000 after purchasing an additional 5,013 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at about $101,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ VCSH opened at $78.83 on Monday. The stock’s 50-day simple moving average is $78.41 and its two-hundred day simple moving average is $78.51. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.27 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2588 dividend. The ex-dividend date was Monday, March 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.