Better Money Decisions LLC Boosts Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Better Money Decisions LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 60.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,864 shares of the company’s stock after buying an additional 2,203 shares during the period. Better Money Decisions LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $463,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of 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 in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of 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 buying an additional 874,756 shares during the last quarter. Royal Bank of Canada increased its position in Vanguard Short-Term Corporate Bond ETF by 0.5% during the 4th quarter. Royal Bank of Canada now owns 5,568,019 shares of the company’s stock valued at $434,362,000 after buying an additional 28,507 shares in the last quarter. Vanguard Group Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF by 6.2% during the fourth quarter. Vanguard Group Inc. now owns 5,431,628 shares of the company’s stock valued at $423,721,000 after buying an additional 317,430 shares during the last quarter. Finally, Barings LLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 0.8% in the fourth quarter. Barings LLC now owns 5,149,957 shares of the company’s stock worth $401,748,000 after acquiring an additional 41,430 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.91 on Thursday. The business has a fifty day moving average price of $78.67 and a 200-day moving average price of $78.45. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.91 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.297 dividend. This represents a $3.56 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28.

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.