Friedenthal Financial Reduces Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Friedenthal Financial decreased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 74.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,310 shares of the company’s stock after selling 52,377 shares during the quarter. Friedenthal Financial’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VCSH. NewSquare Capital LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the second quarter valued at $33,000. Newbridge Financial Services Group Inc. acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth about $37,000. Avion Wealth acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth about $39,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter valued at about $43,000. Finally, Arlington Trust Co LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter valued at about $52,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $79.55 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $77.58 and a 52-week high of $80.15. The business has a 50-day moving average price of $79.81 and a 200-day moving average price of $79.60.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were given a dividend of $0.3005 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.