Fiduciary Advisors Inc. Boosts Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Fiduciary Advisors Inc. lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 9.4% in the first quarter, Holdings Channel reports. The firm owned 43,228 shares of the company’s stock after buying an additional 3,710 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for about 3.4% of Fiduciary Advisors Inc.’s investment portfolio, making the stock its 11th largest position. Fiduciary Advisors Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,412,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Bank of America Corp DE increased its position 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 worth $4,762,539,000 after purchasing an additional 9,313,379 shares in the last quarter. American Family Investments Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 244.9% during the 4th quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock valued at $393,326,000 after acquiring an additional 3,580,000 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $257,541,000. Envestnet Asset Management Inc. lifted its stake 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 purchasing an additional 874,756 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in Vanguard Short-Term Corporate Bond ETF by 73.3% in the 4th quarter. Truist Financial Corp now owns 1,584,861 shares of the company’s stock worth $123,635,000 after purchasing an additional 670,089 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH opened at $78.71 on Wednesday. The company’s 50 day simple moving average is $78.65 and its two-hundred day simple moving average is $78.47. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.92 and a 1-year high of $79.54.

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 paid a dividend of $0.297 per share. The ex-dividend date of this dividend was 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.

Vanguard Short-Term Corporate Bond ETF Company 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.