Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $77.59 and traded as low as $77.44. Vanguard Short-Term Corporate Bond ETF shares last traded at $77.54, with a volume of 6,445,061 shares.

Vanguard Short-Term Corporate Bond ETF Stock Performance

The business has a fifty day moving average of $77.56 and a two-hundred day moving average of $78.71.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VCSH. Bank of America Corp DE raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 6.1% in the first quarter. Bank of America Corp DE now owns 75,626,302 shares of the company’s stock valued at $5,994,897,000 after purchasing an additional 4,376,524 shares during the period. Mather Group LLC. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $236,538,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter worth about $116,756,000. First Financial Bankshares Inc bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $87,277,000. Finally, Busey Bank acquired a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter valued at about $86,910,000.

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.