EverSource Wealth Advisors LLC Decreases Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

EverSource Wealth Advisors LLC trimmed its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 13.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,988 shares of the company’s stock after selling 41,595 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.6% of EverSource Wealth Advisors LLC’s holdings, making the stock its 8th largest position. EverSource Wealth Advisors LLC owned about 0.06% of Vanguard Short-Term Corporate Bond ETF worth $20,750,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Barings LLC raised its holdings in 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 valued at $394,940,000 after acquiring an additional 5,073,271 shares during the period. Nepc LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $268,503,000. BNP Paribas Financial Markets grew its holdings in Vanguard Short-Term Corporate Bond ETF by 1,081.7% during the 4th quarter. BNP Paribas Financial Markets now owns 2,655,712 shares of the company’s stock valued at $205,472,000 after buying an additional 2,430,983 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 45.5% during 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 buying an additional 1,625,000 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 405.5% in the first quarter. Janney Montgomery Scott LLC now owns 1,374,713 shares of the company’s stock worth $106,279,000 after buying an additional 1,102,762 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH traded up $0.39 during trading on Friday, hitting $78.50. 3,028,860 shares of the company traded hands, compared to its average volume of 3,760,518. The stock’s 50-day simple moving average is $77.44 and its two-hundred day simple moving average is $77.16. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $74.43 and a 1 year high of $78.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be given a dividend of $0.2669 per share. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend is Thursday, August 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.