Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Stock Price Breaks Above 50 Day Moving Average – Here’s Why

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $77.73 and traded as high as $77.85. Vanguard Short-Term Corporate Bond ETF shares last traded at $77.76, with a volume of 7,999,932 shares.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1%

The business has a 50 day moving average price of $77.73 and a 200 day moving average price of $78.82.

Hedge Funds Weigh In On Vanguard Short-Term Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Triumph Capital Management raised its holdings in Vanguard Short-Term Corporate Bond ETF by 1,137.0% in the third quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $26,000 after buying an additional 307 shares during the last quarter. Basepoint Wealth LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter worth approximately $27,000. Compass Financial Management LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the second quarter valued at approximately $31,000. North Point Portfolio Managers Corp OH purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the third quarter valued at approximately $36,000. Finally, Olistico Wealth LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the third quarter valued at approximately $37,000.

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.