Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Reaches New 12-Month Low – Here’s What Happened

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) hit a new 52-week low on Tuesday . The company traded as low as $78.45 and last traded at $78.46, with a volume of 5064043 shares traded. The stock had previously closed at $78.61.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The company has a 50 day moving average price of $78.87 and a 200-day moving average price of $79.35.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2876 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Bayban purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the first quarter valued at about $25,000. Imprint Wealth LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter worth about $26,000. Optima Capital LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $27,000. Camelot Portfolios LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $27,000. Finally, Basepoint Wealth LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the first quarter worth about $27,000.

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.