Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Position Increased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI raised its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 119.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 45,376 shares of the company’s stock after acquiring an additional 24,702 shares during the period. Citizens Financial Group Inc. RI’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,540,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VCSH. Barings LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 0.8% during the fourth quarter. Barings LLC now owns 5,149,957 shares of the company’s stock worth $401,748,000 after purchasing an additional 41,430 shares during the period. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 1.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock worth $367,806,000 after buying an additional 75,949 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at about $257,541,000. Carlson Capital Management boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.3% in the third quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock worth $225,403,000 after buying an additional 90,699 shares during the period. Finally, LPL Financial LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 4.3% in the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after acquiring an additional 111,503 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH stock opened at $78.57 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.27 and a 52-week high of $79.54. The company’s 50 day simple moving average is $78.30 and its 200-day simple moving average is $78.52.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid 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.