ETFs

Whittier Trust Co. Reduces Stake in Vanguard Short-Term Corporate Bond ETF

Published October 22, 2024

Whittier Trust Co. has reduced its ownership in the Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.3% during the third quarter, as reported by HoldingsChannel. After selling 5,735 shares, the firm now holds 84,885 shares of this ETF, which represents a total value of about $6,742,000 at the end of this reporting period.

In addition to Whittier Trust Co., other hedge funds have also adjusted their positions in the Vanguard Short-Term Corporate Bond ETF. For instance, Janney Montgomery Scott LLC increased its stake significantly by 405.5% in the first quarter, now owning 1,374,713 shares worth approximately $106,279,000 after acquiring an additional 1,102,762 shares last quarter. Another firm, Vicus Capital, boosted its stake by 103.9% during the same quarter, resulting in ownership of 42,662 shares valued at $3,298,000 following an additional purchase of 21,734 shares.

Daymark Wealth Partners LLC has recently entered the Vanguard Short-Term Corporate Bond ETF market, acquiring a new position worth about $295,000 in the third quarter. Moreover, D.B. Root & Company LLC has raised its stake by 4.2%, now holding 49,510 shares worth $3,828,000 after adding 2,010 shares in the last quarter. Finally, Victory Capital Management Inc. slightly increased its holdings by 0.9% during the second quarter, now owning 750,651 shares valued at $58,007,000 with an additional 7,033 shares acquired last quarter.

Recent Price Performance of Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF opened at $78.64, reflecting a slight decrease of 0.2%. Over the past year, the ETF has seen a low of $74.63 and a high of $79.54. Its fifty-day moving average is currently $78.99, while the 200-day moving average stands at $77.85.

Dividends Announced by Vanguard Short-Term Corporate Bond ETF

Additionally, the Vanguard Short-Term Corporate Bond ETF recently declared a dividend that was paid out on September 5. Shareholders on record as of September 3 received a dividend of $0.2627. The ex-dividend date was the same day.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that primarily invests in investment-grade fixed income assets. This fund aims to track a market-weighted index that includes fixed-rate corporate bonds with maturities ranging from 1 to 5 years. Established on November 19, 2009, it is managed by Vanguard.

Vanguard, ETF, Investment