Retirement Systems of Alabama Cuts Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Retirement Systems of Alabama decreased its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.5% in the fourth quarter, HoldingsChannel reports. The firm owned 726,015 shares of the company’s stock after selling 26,150 shares during the quarter. Retirement Systems of Alabama’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $56,636,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Frazier Financial Advisors LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter worth about $29,000. Tsfg LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the third quarter worth about $40,000. Sound Income Strategies LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% in the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after purchasing an additional 179 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 823.8% in the third quarter. Venturi Wealth Management LLC now owns 582 shares of the company’s stock worth $46,000 after purchasing an additional 519 shares during the last quarter. Finally, ST Germain D J Co. Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 278.2% in the fourth quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock worth $53,000 after purchasing an additional 498 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH opened at $78.23 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.27 and a 1 year high of $79.54. The firm has a 50-day simple moving average of $78.20 and a two-hundred day simple moving average of $78.48.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be paid a $0.2813 dividend. The ex-dividend date is Monday, February 3rd. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.28.

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.