Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) is Seaside Wealth Management Inc.’s 8th Largest Position

Seaside Wealth Management Inc. raised its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 12.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 127,231 shares of the company’s stock after buying an additional 14,111 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 3.6% of Seaside Wealth Management Inc.’s holdings, making the stock its 8th largest position. Seaside Wealth Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $10,044,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VCSH. Rossby Financial LCC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at about $27,000. Center for Financial Planning Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 237.1% during the 1st quarter. Center for Financial Planning Inc. now owns 391 shares of the company’s stock valued at $31,000 after purchasing an additional 275 shares during the period. Transce3nd LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $32,000. MorganRosel Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at about $32,000. Finally, Concourse Financial Group Securities Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 156.3% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock valued at $35,000 after purchasing an additional 275 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $78.96 on Wednesday. The business has a 50-day simple moving average of $78.91 and a two-hundred day simple moving average of $78.61. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $77.58 and a 52-week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were paid a dividend of $0.2903 per share. The ex-dividend date was Tuesday, July 1st. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.41%.

Vanguard Short-Term Corporate Bond ETF 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.