Parallel Advisors LLC Reduces Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Parallel Advisors LLC lowered its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 148,244 shares of the company’s stock after selling 10,377 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $11,565,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth approximately $29,000. Keystone Financial Group Inc. purchased a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $32,000. Bank of Jackson Hole Trust purchased a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $42,000. Sound Income Strategies LLC grew its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% during the 4th quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after buying an additional 179 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 278.2% during the 4th quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock worth $53,000 after buying an additional 498 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH opened at $78.49 on Monday. The stock’s 50 day moving average price is $78.33 and its 200 day moving average price is $78.51. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.27 and a 52-week high of $79.54.

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 given a dividend of $0.2588 per share. The ex-dividend date of this dividend was Monday, March 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.