Navigate Wealth Management LLC Makes New Investment in Vanguard Short-Term Corporate Bond ETF $VCSH

Navigate Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,699 shares of the company’s stock, valued at approximately $1,087,000. Vanguard Short-Term Corporate Bond ETF accounts for about 0.8% of Navigate Wealth Management LLC’s holdings, making the stock its 26th biggest position.

Several other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at about $252,000. Millennium Management LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% in the 1st quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after buying an additional 4,096 shares during the period. First Trust Advisors LP grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% in the 2nd quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after buying an additional 646 shares during the period. Brown Advisory Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 3.4% in the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after buying an additional 226 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its position in Vanguard Short-Term Corporate Bond ETF by 3.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after buying an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.61 on Monday. The business’s 50 day simple moving average is $78.89 and its two-hundred day simple moving average is $79.35. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $78.54 and a 52-week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2876 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.