Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) is BCS Wealth Management’s 6th Largest Position

BCS Wealth Management lowered its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,123 shares of the company’s stock after selling 5,595 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises about 2.3% of BCS Wealth Management’s investment portfolio, making the stock its 6th biggest holding. BCS Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $8,930,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VCSH. Transce3nd LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at $32,000. Concourse Financial Group Securities Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 156.3% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock worth $35,000 after purchasing an additional 275 shares in the last quarter. Vermillion Wealth Management Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $38,000. Bank of Jackson Hole Trust bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $42,000. Finally, Greenline Partners LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $42,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCSH opened at $78.59 on Friday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.91 and a 12 month high of $79.54. The firm has a fifty day simple moving average of $78.66 and a two-hundred day simple moving average of $78.46.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.