Black Diamond Financial LLC Sells 17,668 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Black Diamond Financial LLC lessened its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 16.8% during the second quarter, Holdings Channel.com reports. The fund owned 87,215 shares of the company’s stock after selling 17,668 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises 1.3% of Black Diamond Financial LLC’s investment portfolio, making the stock its 24th largest position. Black Diamond Financial LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,740,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vantage Financial Partners LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $2,892,000. Principal Financial Group Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF by 1.3% in the fourth quarter. Principal Financial Group Inc. now owns 246,531 shares of the company’s stock valued at $19,074,000 after acquiring an additional 3,111 shares during the last quarter. Ieq Capital LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $263,000. Level Four Advisory Services LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.3% during the fourth quarter. Level Four Advisory Services LLC now owns 10,874 shares of the company’s stock worth $841,000 after purchasing an additional 642 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 317,567 shares of the company’s stock valued at $24,570,000 after purchasing an additional 15,275 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $79.33 on Monday. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $74.43 and a 52 week high of $79.40. The stock has a fifty day moving average of $78.39 and a 200-day moving average of $77.49.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2627 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.