Prudential Financial Inc. Sells 173,069 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Prudential Financial Inc. decreased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 78.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,194 shares of the company’s stock after selling 173,069 shares during the period. Prudential Financial Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,760,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Citigroup Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 81.5% during the third quarter. Citigroup Inc. now owns 57,430 shares of the company’s stock worth $4,561,000 after purchasing an additional 25,788 shares during the period. Arete Wealth Advisors LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 11.3% during the 3rd quarter. Arete Wealth Advisors LLC now owns 22,714 shares of the company’s stock worth $1,803,000 after buying an additional 2,300 shares in the last quarter. IHT Wealth Management LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 28.8% during the 3rd quarter. IHT Wealth Management LLC now owns 39,108 shares of the company’s stock worth $3,104,000 after buying an additional 8,736 shares during the period. Mission Creek Capital Partners Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 135.8% in the 3rd quarter. Mission Creek Capital Partners Inc. now owns 10,623 shares of the company’s stock valued at $844,000 after acquiring an additional 6,118 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 12.7% during the 3rd quarter. Stifel Financial Corp now owns 764,012 shares of the company’s stock valued at $60,678,000 after acquiring an additional 85,967 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH opened at $78.73 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54. The firm has a fifty day simple moving average of $78.51 and a two-hundred day simple moving average of $78.49.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be given a $0.289 dividend. This represents a $3.47 dividend on an annualized basis and a yield of 4.40%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, April 1st.

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.