Farmers & Merchants Investments Inc. Increases Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Farmers & Merchants Investments Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 238,138 shares of the company’s stock after purchasing an additional 2,250 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $18,799,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VCSH. Brighton Jones LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $252,000. Union Bancaire Privee UBP SA purchased a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $14,730,000. Naples Global Advisors LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 3.8% during the fourth quarter. Naples Global Advisors LLC now owns 19,547 shares of the company’s stock worth $1,525,000 after buying an additional 707 shares in the last quarter. Life Planning Partners Inc grew its position in Vanguard Short-Term Corporate Bond ETF by 7,426.8% during the fourth quarter. Life Planning Partners Inc now owns 291,211 shares of the company’s stock worth $22,717,000 after buying an additional 287,342 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. grew its position in Vanguard Short-Term Corporate Bond ETF by 2.5% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 39,912 shares of the company’s stock worth $3,114,000 after buying an additional 971 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCSH stock opened at $78.84 on Friday. The business has a 50-day moving average price of $78.68 and a two-hundred day moving average price of $78.48. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $76.92 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared 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 was Monday, June 2nd. This represents a $3.56 annualized dividend and a yield of 4.52%. 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.