Alta Wealth Advisors LLC Has $1.80 Million Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Alta Wealth Advisors LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,851 shares of the company’s stock after acquiring an additional 294 shares during the quarter. Vanguard Short-Term Corporate Bond ETF accounts for 0.8% of Alta Wealth Advisors LLC’s portfolio, making the stock its 27th largest position. Alta Wealth Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VCSH. Center for Financial Planning Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 237.1% during the 1st quarter. Center for Financial Planning Inc. now owns 391 shares of the company’s stock worth $31,000 after acquiring an additional 275 shares in the last quarter. Transce3nd LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $32,000. Concourse Financial Group Securities Inc. boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 156.3% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock worth $35,000 after purchasing an additional 275 shares during the last quarter. Vermillion Wealth Management Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $38,000. Finally, Greenline Partners LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $42,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $79.42 on Friday. The company’s 50-day moving average price is $78.82 and its two-hundred day moving average price is $78.52. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.92 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were given a $0.297 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.49%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28.

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.