Principal Financial Group Inc. Cuts Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Principal Financial Group Inc. lowered its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 642,407 shares of the company’s stock after selling 172,297 shares during the period. Principal Financial Group Inc. owned about 0.13% of Vanguard Short-Term Corporate Bond ETF worth $51,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VCSH. Coyle Financial Counsel LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 12.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 291,741 shares of the company’s stock worth $23,319,000 after purchasing an additional 33,074 shares during the period. Gradient Capital Advisors LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 9.4% during the 3rd quarter. Gradient Capital Advisors LLC now owns 160,084 shares of the company’s stock worth $12,795,000 after purchasing an additional 13,744 shares during the period. Goodman Financial Corp boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.1% during the 3rd quarter. Goodman Financial Corp now owns 361,738 shares of the company’s stock worth $28,914,000 after purchasing an additional 26,951 shares during the period. Florin Court Capital LLP boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 29.9% during the 3rd quarter. Florin Court Capital LLP now owns 93,804 shares of the company’s stock worth $7,498,000 after purchasing an additional 21,600 shares during the period. Finally, Capstone Capital LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% during the 4th quarter. Capstone Capital LLC now owns 150,484 shares of the company’s stock worth $11,998,000 after purchasing an additional 10,080 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1%

NASDAQ:VCSH opened at $79.13 on Friday. The company has a 50 day moving average price of $79.33 and a 200 day moving average price of $79.65. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.46 and a fifty-two week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a dividend of $0.2906 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.