Verum Partners LLC Reduces Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Verum Partners LLC reduced its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 52.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,619 shares of the company’s stock after selling 11,646 shares during the period. Verum Partners LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $821,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 75.2% during the third quarter. JPMorgan Chase & Co. now owns 8,460,295 shares of the company’s stock worth $635,792,000 after acquiring an additional 3,630,843 shares during the last quarter. Nepc LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth approximately $268,503,000. BNP Paribas Financial Markets lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1,081.7% during the fourth quarter. BNP Paribas Financial Markets now owns 2,655,712 shares of the company’s stock worth $205,472,000 after purchasing an additional 2,430,983 shares during the period. Public Sector Pension Investment Board lifted its holdings in shares of 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 purchasing an additional 2,075,000 shares during the period. Finally, First Financial Bankshares Inc acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $79,327,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH traded up $0.14 during mid-day trading on Tuesday, hitting $77.08. 2,778,064 shares of the company were exchanged, compared to its average volume of 3,995,368. The stock has a 50 day simple moving average of $77.01 and a 200-day simple moving average of $77.08. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $74.43 and a 1-year high of $77.72.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be issued a dividend of $0.2559 per share. The ex-dividend date of this dividend is Monday, July 1st.

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.