Harbour Trust & Investment Management Co Acquires 806 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Harbour Trust & Investment Management Co grew its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,683 shares of the company’s stock after purchasing an additional 806 shares during the quarter. Harbour Trust & Investment Management Co’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,922,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of VCSH. Bank of America Corp DE lifted its position in Vanguard Short-Term Corporate Bond ETF by 18.0% during the fourth quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock valued at $4,762,539,000 after acquiring an additional 9,313,379 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 12.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after buying an additional 874,756 shares in the last quarter. Royal Bank of Canada raised its stake in Vanguard Short-Term Corporate Bond ETF by 0.5% in the fourth quarter. Royal Bank of Canada now owns 5,568,019 shares of the company’s stock valued at $434,362,000 after buying an additional 28,507 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 5,431,628 shares of the company’s stock worth $423,721,000 after acquiring an additional 317,430 shares in the last quarter. Finally, Barings LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.8% during the fourth quarter. Barings LLC now owns 5,149,957 shares of the company’s stock worth $401,748,000 after acquiring an additional 41,430 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $79.14 on Wednesday. The firm’s 50-day moving average price is $78.87 and its 200-day moving average price is $78.53. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $77.04 and a 52-week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st will be issued a dividend of $0.2903 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Tuesday, July 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.