Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Large Increase in Short Interest

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 6,200,000 shares, a growth of 54.6% from the February 13th total of 4,010,000 shares. Based on an average daily volume of 3,933,500 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.4% of the company’s shares are sold short.

Institutional Trading of Vanguard Short-Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VCSH. Bank of America Corp DE grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 18.0% in the 4th quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock worth $4,762,539,000 after buying an additional 9,313,379 shares during the period. American Family Investments Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 244.9% in the 4th quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock worth $393,326,000 after buying an additional 3,580,000 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth about $257,541,000. Janney Montgomery Scott LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 71.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock worth $164,142,000 after buying an additional 878,823 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock worth $635,177,000 after buying an additional 874,756 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.0 %

NASDAQ VCSH traded down $0.03 during trading on Friday, hitting $78.49. The company had a trading volume of 3,549,341 shares, compared to its average volume of 4,275,958. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.27 and a one year high of $79.54. The company’s fifty day moving average is $78.33 and its 200-day moving average is $78.52.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.