Garde Capital Inc. Invests $1.90 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Garde Capital Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,009 shares of the company’s stock, valued at approximately $1,895,000.

Other hedge funds have also recently bought and sold shares of the company. Transce3nd LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $32,000. Concourse Financial Group Securities Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 156.3% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock worth $35,000 after buying an additional 275 shares in the last quarter. Vermillion Wealth Management Inc. purchased a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $38,000. Bank of Jackson Hole Trust acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $42,000. Finally, Greenline Partners LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $42,000.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1%

Vanguard Short-Term Corporate Bond ETF stock opened at $79.04 on Friday. The stock has a fifty day moving average price of $78.75 and a 200 day moving average price of $78.49. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.92 and a 52 week 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 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 4.51%.

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.