NavPoint Financial Inc. Invests $3.03 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

NavPoint Financial Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 39,130 shares of the company’s stock, valued at approximately $3,027,000. Vanguard Short-Term Corporate Bond ETF accounts for approximately 2.8% of NavPoint Financial Inc.’s holdings, making the stock its 13th biggest holding.

Several other institutional investors also recently modified their holdings of VCSH. Meredith Wealth Planning grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 0.6% in the 4th quarter. Meredith Wealth Planning now owns 23,541 shares of the company’s stock valued at $1,821,000 after purchasing an additional 135 shares during the period. Lodestar Private Asset Management LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.3% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 2,861 shares of the company’s stock valued at $215,000 after purchasing an additional 143 shares during the period. Freedom Wealth Alliance LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in the 3rd quarter. Freedom Wealth Alliance LLC now owns 4,402 shares of the company’s stock valued at $331,000 after purchasing an additional 146 shares during the period. Wealthsource Partners LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.0% in the 4th quarter. Wealthsource Partners LLC now owns 16,063 shares of the company’s stock valued at $1,243,000 after purchasing an additional 160 shares during the period. Finally, Cadence Bank grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.6% in the 3rd quarter. Cadence Bank now owns 6,415 shares of the company’s stock valued at $482,000 after purchasing an additional 165 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH traded up $0.22 on Friday, hitting $76.93. The company’s stock had a trading volume of 2,713,259 shares, compared to its average volume of 4,722,133. The firm’s fifty day moving average price is $76.90 and its 200-day moving average price is $76.63. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $74.43 and a fifty-two week high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a $0.2492 dividend. The ex-dividend date is Wednesday, May 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25.

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.