Sightline Wealth Advisors LLC Buys 8,609 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Sightline Wealth Advisors LLC raised its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,421 shares of the company’s stock after acquiring an additional 8,609 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for about 1.8% of Sightline Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding. Sightline Wealth Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $4,339,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VCSH. Brighton Jones LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $252,000. Millennium Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.4% in the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after buying an additional 4,096 shares in the last quarter. First Trust Advisors LP lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.5% in the second quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after buying an additional 646 shares in the last quarter. Brown Advisory Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.4% in the second quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after buying an additional 226 shares in the last quarter. Finally, Peapack Gladstone Financial Corp lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.6% in the second quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after buying an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1%

Shares of VCSH opened at $79.32 on Friday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.46 and a twelve month high of $80.26. The firm’s 50 day moving average price is $79.52 and its two-hundred day moving average price is $79.71.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.297 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Wednesday, April 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.