Capital Asset Advisory Services LLC Has $1.38 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Capital Asset Advisory Services LLC lessened its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 51.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,539 shares of the company’s stock after selling 18,731 shares during the period. Capital Asset Advisory Services LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,381,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VCSH. Bank of America Corp DE grew its holdings in Vanguard Short-Term Corporate Bond ETF by 18.0% during the fourth quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock valued at $4,762,539,000 after purchasing an additional 9,313,379 shares during the last quarter. American Family Investments Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 244.9% in the 4th quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock valued at $393,326,000 after buying an additional 3,580,000 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $257,541,000. Envestnet Asset Management Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 12.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock worth $635,177,000 after acquiring an additional 874,756 shares during the period. Finally, WestEnd Advisors LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 95.5% during the 4th quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock worth $108,509,000 after acquiring an additional 679,632 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH stock opened at $78.73 on Wednesday. The company has a 50-day moving average of $78.67 and a two-hundred day moving average of $78.45. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.91 and a 52-week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd will be issued a $0.297 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $3.56 dividend on an annualized basis and a yield of 4.53%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28.

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.