BCS Wealth Management Reduces Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

BCS Wealth Management reduced its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 48.9% in the first quarter, HoldingsChannel reports. The fund owned 147,074 shares of the company’s stock after selling 140,958 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up 2.4% of BCS Wealth Management’s holdings, making the stock its 6th largest holding. BCS Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $11,659,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in VCSH. Brighton Jones LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth approximately $252,000. Millennium Management LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% during the 1st quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after purchasing an additional 4,096 shares during the period. First Trust Advisors LP increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% during the 2nd quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after purchasing an additional 646 shares during the period. Brown Advisory Inc. raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock worth $541,000 after buying an additional 226 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock worth $3,019,000 after buying an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.85 on Wednesday. The business has a fifty day simple moving average of $79.03 and a 200-day simple moving average of $79.43. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.60 and a fifty-two week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

Vanguard Short-Term Corporate Bond ETF Profile

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.