Vanguard Short-Term Corporate Bond ETF $VCSH is Chesapeake Wealth Management’s 4th Largest Position

Chesapeake Wealth Management lifted its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 153,501 shares of the company’s stock after purchasing an additional 10,280 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises about 3.4% of Chesapeake Wealth Management’s investment portfolio, making the stock its 4th biggest position. Chesapeake Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $12,131,000 at the end of the most recent reporting period.

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

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH opened at $78.08 on Wednesday. The company’s fifty day moving average is $78.65 and its 200 day moving average is $79.04. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.07 and a fifty-two week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Tuesday, September 1st will be paid a $0.3033 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.