Independence Bank of Kentucky Reduces Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Independence Bank of Kentucky lowered its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 23,640 shares of the company’s stock after selling 950 shares during the quarter. Independence Bank of Kentucky’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VCSH. Trilogy Capital Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter valued at approximately $2,212,000. MML Investors Services LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 2.9% in the 1st quarter. MML Investors Services LLC now owns 468,452 shares of the company’s stock valued at $35,710,000 after purchasing an additional 13,057 shares during the period. Coastline Trust Co lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 45.9% in the 1st quarter. Coastline Trust Co now owns 7,336 shares of the company’s stock valued at $559,000 after purchasing an additional 2,307 shares during the period. Citigroup Inc. lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.3% in the 1st quarter. Citigroup Inc. now owns 232,372 shares of the company’s stock valued at $17,714,000 after purchasing an additional 770 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 8.3% in the 1st quarter. Truist Financial Corp now owns 534,734 shares of the company’s stock valued at $40,763,000 after purchasing an additional 41,134 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $75.37 on Friday. The business has a 50 day moving average of $75.55 and a 200-day moving average of $75.85. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $73.26 and a 52 week high of $76.68.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were given a dividend of $0.2095 per share. The ex-dividend date was Friday, September 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.20.

Vanguard Short-Term Corporate Bond ETF Company 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.