Factor Wealth Management LTD Has $14.67 Million Stock Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Factor Wealth Management LTD grew its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 185,081 shares of the company’s stock after purchasing an additional 29,284 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 2.8% of Factor Wealth Management LTD’s investment portfolio, making the stock its 9th biggest holding. Factor Wealth Management LTD’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $14,671,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $252,000. Millennium Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.4% in 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 last quarter. First Trust Advisors LP lifted its position in shares of 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 during the last quarter. Brown Advisory Inc. lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 3.4% during the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after purchasing an additional 226 shares during the last quarter. Finally, Peapack Gladstone Financial Corp lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% during 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 during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.98 on Thursday. The business has a 50 day moving average of $79.02 and a 200-day moving average of $79.43. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.60 and a 12-month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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