Sheets Smith Wealth Management Has $2.55 Million Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Sheets Smith Wealth Management cut its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 32.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,851 shares of the company’s stock after selling 14,981 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,546,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nepc LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 15.7% in the 1st quarter. Nepc LLC now owns 4,864,970 shares of the company’s stock valued at $384,041,000 after buying an additional 658,773 shares during the period. The Manufacturers Life Insurance Company increased its stake in Vanguard Short-Term Corporate Bond ETF by 62.0% in the second quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock valued at $350,671,000 after acquiring an additional 1,688,808 shares during the period. Corient Private Wealth LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 100.0% in the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock worth $338,199,000 after purchasing an additional 2,127,325 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 4.2% during the second quarter. Raymond James Financial Inc. now owns 3,402,154 shares of the company’s stock worth $270,471,000 after purchasing an additional 136,915 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 3,224,830 shares of the company’s stock valued at $254,568,000 after purchasing an additional 135,207 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1%

VCSH stock opened at $79.64 on Friday. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $77.58 and a 1-year high of $80.15. The business’s 50 day moving average is $79.80 and its 200-day moving average is $79.60.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were paid a dividend of $0.3005 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, December 18th.

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.