Pointe Capital Management LLC Sells 3,930 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Pointe Capital Management LLC lowered its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.4% during the third quarter, Holdings Channel reports. The fund owned 111,230 shares of the company’s stock after selling 3,930 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up 5.2% of Pointe Capital Management LLC’s holdings, making the stock its 3rd largest holding. Pointe Capital Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $8,834,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VCSH. Rothschild Investment LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the second quarter worth $31,000. Orion Capital Management LLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 99.1% during the first quarter. Orion Capital Management LLC now owns 422 shares of the company’s stock worth $33,000 after buying an additional 210 shares in the last quarter. Tsfg LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter valued at $40,000. Abich Financial Wealth Management LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 1,028.6% during the first quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 504 shares in the last quarter. Finally, ORG Partners LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the second quarter valued at $45,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH traded down $0.06 during midday trading on Friday, hitting $78.54. 1,472,996 shares of the company traded hands, compared to its average volume of 3,606,850. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $74.66 and a 52-week high of $79.54. The business has a 50 day simple moving average of $78.99 and a two-hundred day simple moving average of $77.89.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2627 per share. The ex-dividend date was Tuesday, September 3rd.

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.