First Financial Bankshares Inc Has $76.47 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

First Financial Bankshares Inc reduced its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 980,279 shares of the company’s stock after selling 218,229 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.7% of First Financial Bankshares Inc’s holdings, making the stock its 17th largest holding. First Financial Bankshares Inc owned about 0.22% of Vanguard Short-Term Corporate Bond ETF worth $76,472,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VCSH. GM Advisory Group LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $1,000,000. SageOak Financial LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $1,225,000. North Forty Two & Co. acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $2,154,000. VSM Wealth Advisory LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $15,278,000. Finally, Carlson Capital Management raised its holdings in Vanguard Short-Term Corporate Bond ETF by 5.0% in the fourth quarter. Carlson Capital Management now owns 2,981,093 shares of the company’s stock worth $232,555,000 after purchasing an additional 142,984 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $78.59 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 company has a fifty day simple moving average of $78.35 and a 200 day simple moving average of $78.51.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.