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

Procyon Advisors LLC lessened its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 48.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,683 shares of the company’s stock after selling 3,409 shares during the quarter. Procyon Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $287,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.7% in the third 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. Public Sector Pension Investment Board increased its stake in Vanguard Short-Term Corporate Bond ETF by 62.5% in the 2nd quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after purchasing an additional 1,250,000 shares during the period. Carlson Capital Management lifted its position in 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 valued at $225,403,000 after purchasing an additional 90,699 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 4.3% during the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock valued at $213,602,000 after purchasing an additional 111,503 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% in the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock worth $183,305,000 after purchasing an additional 117,998 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.0 %

Shares of NASDAQ VCSH opened at $78.13 on Monday. The firm’s fifty day moving average is $78.18 and its 200 day moving average is $78.42. 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 Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.2798 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Tuesday, December 24th.

Vanguard Short-Term Corporate Bond ETF 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.