Advisor Resource Council Invests $809,000 in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Advisor Resource Council bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,248 shares of the company’s stock, valued at approximately $809,000.

Several other large investors also recently modified their holdings of VCSH. United Community Bank boosted its stake in Vanguard Short-Term Corporate Bond ETF by 5.6% in the fourth quarter. United Community Bank now owns 2,519 shares of the company’s stock valued at $197,000 after buying an additional 133 shares in the last quarter. Bragg Financial Advisors Inc boosted its stake in Vanguard Short-Term Corporate Bond ETF by 2.6% in the fourth quarter. Bragg Financial Advisors Inc now owns 5,470 shares of the company’s stock valued at $427,000 after buying an additional 137 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 4.2% in the first quarter. Cornerstone Wealth Management LLC now owns 3,625 shares of the company’s stock valued at $286,000 after buying an additional 146 shares in the last quarter. Independence Bank of Kentucky boosted its stake in Vanguard Short-Term Corporate Bond ETF by 0.9% in the first quarter. Independence Bank of Kentucky now owns 17,591 shares of the company’s stock valued at $1,389,000 after buying an additional 150 shares in the last quarter. Finally, Hoge Financial Services LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 5.5% in the first quarter. Hoge Financial Services LLC now owns 2,919 shares of the company’s stock valued at $230,000 after buying an additional 152 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1%

NASDAQ:VCSH opened at $79.04 on Friday. The stock’s 50-day simple moving average is $78.75 and its 200 day simple moving average is $78.49. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.92 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid 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 4.51%.

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.