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

Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 8,900,000 shares, an increase of 21.6% from the October 31st total of 7,320,000 shares. Based on an average trading volume of 3,213,600 shares, the days-to-cover ratio is presently 2.8 days.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH opened at $78.65 on Monday. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $76.15 and a fifty-two week high of $79.54. The company has a fifty day moving average of $78.63 and a two-hundred day moving average of $78.19.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2741 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a $3.29 dividend on an annualized basis and a yield of 4.18%.

Institutional Investors Weigh In On Vanguard Short-Term Corporate Bond ETF

Several institutional investors have recently bought and sold shares of VCSH. Public Sector Pension Investment Board lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 62.5% in the second quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock valued at $251,144,000 after acquiring an additional 1,250,000 shares in the last quarter. Carlson Capital Management lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 3.3% in the 3rd quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock valued at $225,403,000 after purchasing an additional 90,699 shares in the last quarter. LPL Financial LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 4.3% during the 3rd quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after purchasing an additional 111,503 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% during the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock worth $183,305,000 after buying an additional 117,998 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 20.3% in the third quarter. Mather Group LLC. now owns 1,799,159 shares of the company’s stock valued at $142,889,000 after buying an additional 303,514 shares during the last quarter.

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.