Magnus Financial Group LLC Purchases 6,748 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Magnus Financial Group LLC raised its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.0% during the fourth quarter, Holdings Channel reports. The fund owned 103,088 shares of the company’s stock after acquiring an additional 6,748 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 1.0% of Magnus Financial Group LLC’s investment portfolio, making the stock its 23rd biggest position. Magnus Financial Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $7,976,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Halpern Financial Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $26,000. Fortitude Family Office LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $31,000. Sound Income Strategies LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1,306.3% during the 4th quarter. Sound Income Strategies LLC now owns 450 shares of the company’s stock valued at $35,000 after acquiring an additional 418 shares during the period. Finally, Planned Solutions Inc. purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $37,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH traded up $0.04 during trading hours on Friday, hitting $76.57. 2,851,153 shares of the stock traded hands, compared to its average volume of 4,850,992. The stock has a 50 day moving average price of $76.94 and a 200 day moving average price of $76.60. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $74.43 and a 1 year high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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