Vanguard Short-Term Corporate Bond ETF $VCSH is VSM Wealth Advisory LLC’s 2nd Largest Position

VSM Wealth Advisory LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 19,914.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 259,590 shares of the company’s stock after acquiring an additional 258,293 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises about 6.2% of VSM Wealth Advisory LLC’s portfolio, making the stock its 2nd largest holding. VSM Wealth Advisory LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $20,686,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Prepared Retirement Institute LLC boosted its position in Vanguard Short-Term Corporate Bond ETF by 1.2% during the fourth quarter. Prepared Retirement Institute LLC now owns 10,752 shares of the company’s stock valued at $857,000 after buying an additional 126 shares during the period. Conservest Capital Advisors Inc. boosted its position in Vanguard Short-Term Corporate Bond ETF by 1.9% during the third quarter. Conservest Capital Advisors Inc. now owns 6,746 shares of the company’s stock valued at $539,000 after buying an additional 126 shares during the period. IVC Wealth Advisors LLC boosted its position in Vanguard Short-Term Corporate Bond ETF by 3.2% during the fourth quarter. IVC Wealth Advisors LLC now owns 4,137 shares of the company’s stock valued at $330,000 after buying an additional 128 shares during the period. Private Trust Co. NA raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.6% during the fourth quarter. Private Trust Co. NA now owns 8,978 shares of the company’s stock valued at $716,000 after acquiring an additional 142 shares during the last quarter. Finally, Bare Financial Services Inc raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.5% during the third quarter. Bare Financial Services Inc now owns 9,573 shares of the company’s stock valued at $765,000 after acquiring an additional 144 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $78.79 on Monday. The company has a 50-day moving average price of $79.21 and a 200-day moving average price of $79.61. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $78.58 and a 12 month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2906 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, May 1st.

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.