Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) saw unusually-strong trading volume on Wednesday . 8,790,715 shares changed hands during trading, an increase of 80% from the previous session’s volume of 4,888,927 shares.The stock last traded at $78.68 and had previously closed at $78.62.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.0%

The firm has a fifty day simple moving average of $78.70 and a 200 day simple moving average of $79.13.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.299 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, August 3rd. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VCSH. Bayban acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at about $25,000. Imprint Wealth LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $26,000. Camelot Portfolios LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at approximately $27,000. Finally, Jessup Wealth Management Inc acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $30,000.

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.