Powers Advisory Group LLC Has $8.34 Million Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Powers Advisory Group LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,615 shares of the company’s stock after acquiring an additional 4,857 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up about 4.0% of Powers Advisory Group LLC’s holdings, making the stock its 8th largest holding. Powers Advisory Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $8,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VCSH. Brighton Jones LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth $252,000. Union Bancaire Privee UBP SA bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth $14,730,000. Naples Global Advisors LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.8% in the fourth quarter. Naples Global Advisors LLC now owns 19,547 shares of the company’s stock worth $1,525,000 after buying an additional 707 shares in the last quarter. Life Planning Partners Inc raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 7,426.8% in the fourth quarter. Life Planning Partners Inc now owns 291,211 shares of the company’s stock worth $22,717,000 after buying an additional 287,342 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.5% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 39,912 shares of the company’s stock worth $3,114,000 after buying an additional 971 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.2%

Shares of VCSH stock opened at $78.84 on Friday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.92 and a 52-week high of $79.54. The business’s fifty day moving average is $78.68 and its 200 day moving average is $78.48.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.297 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date was Monday, June 2nd. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28.

Vanguard Short-Term Corporate Bond ETF Company 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.