Steele Capital Management Inc. Purchases Shares of 956,989 Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Steele Capital Management Inc. purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 956,989 shares of the company’s stock, valued at approximately $74,042,000. Vanguard Short-Term Corporate Bond ETF makes up approximately 4.8% of Steele Capital Management Inc.’s portfolio, making the stock its 5th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stone Point Wealth LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 33.3% in the fourth quarter. Stone Point Wealth LLC now owns 68,409 shares of the company’s stock valued at $5,293,000 after purchasing an additional 17,085 shares during the last quarter. Toroso Investments LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 5.3% during the third quarter. Toroso Investments LLC now owns 52,728 shares of the company’s stock worth $3,951,000 after buying an additional 2,673 shares during the last quarter. DecisionPoint Financial LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 8.5% during the fourth quarter. DecisionPoint Financial LLC now owns 57,529 shares of the company’s stock worth $4,451,000 after buying an additional 4,525 shares during the last quarter. Bouchey Financial Group Ltd acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $15,041,000. Finally, Westover Capital Advisors LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 0.7% during the third quarter. Westover Capital Advisors LLC now owns 48,943 shares of the company’s stock worth $3,678,000 after buying an additional 362 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH traded up $0.10 during trading on Monday, reaching $76.67. 2,486,470 shares of the stock were exchanged, compared to its average volume of 4,822,156. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $74.43 and a twelve month high of $77.72. The stock’s 50 day moving average price is $76.94 and its two-hundred day moving average price is $76.61.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a $0.2479 dividend. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, April 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.