BCS Wealth Management Decreases Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

BCS Wealth Management lessened its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 113,123 shares of the company’s stock after selling 5,595 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up about 2.3% of BCS Wealth Management’s holdings, making the stock its 6th biggest position. BCS Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $8,930,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Transce3nd LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $32,000. Concourse Financial Group Securities Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 156.3% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock worth $35,000 after buying an additional 275 shares in the last quarter. Vermillion Wealth Management Inc. purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $38,000. Bank of Jackson Hole Trust purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $42,000. Finally, Greenline Partners LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth approximately $42,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH stock opened at $78.59 on Friday. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.91 and a one year high of $79.54. The firm has a 50 day simple moving average of $78.66 and a two-hundred day simple moving average of $78.46.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.297 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.53%.

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.