Parsons Capital Management Inc. RI Increases Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Parsons Capital Management Inc. RI raised its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.4% during the 2nd quarter, Holdings Channel reports. The firm owned 41,003 shares of the company’s stock after purchasing an additional 558 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,260,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Rossby Financial LCC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at about $27,000. Center for Financial Planning Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 237.1% in the first 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 in the last quarter. MorganRosel Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at approximately $32,000. Costello Asset Management INC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at approximately $36,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter valued at approximately $39,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $79.80 on Thursday. The firm has a 50 day simple moving average of $79.69 and a 200-day simple moving average of $79.12. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $77.58 and a 1-year high of $80.14.

Vanguard Short-Term Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st will be given a $0.2904 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, October 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.