Forbes Financial Planning Inc. Acquires 10,343 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Forbes Financial Planning Inc. boosted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 204,881 shares of the company’s stock after buying an additional 10,343 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 9.4% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 2nd largest holding. Forbes Financial Planning Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $16,241,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Essex Bank boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 21.6% during the first quarter. Essex Bank now owns 12,429 shares of the company’s stock valued at $985,000 after acquiring an additional 2,211 shares during the period. Discipline Wealth Solutions LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 146.9% in the 1st quarter. Discipline Wealth Solutions LLC now owns 29,539 shares of the company’s stock worth $2,342,000 after acquiring an additional 17,577 shares during the period. SVB Wealth LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 7.4% in the 1st quarter. SVB Wealth LLC now owns 2,994 shares of the company’s stock valued at $237,000 after purchasing an additional 205 shares during the last quarter. Novare Capital Management LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 1.0% in the 1st quarter. Novare Capital Management LLC now owns 57,987 shares of the company’s stock valued at $4,597,000 after purchasing an additional 572 shares during the last quarter. Finally, LMG Wealth Partners LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at about $439,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ VCSH opened at $78.77 on Tuesday. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $78.60 and a 52 week high of $80.26. The company has a 50-day moving average price of $79.04 and a two-hundred day moving average price of $79.44.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2965 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, June 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.