Busey Bank Grows Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Busey Bank boosted its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 10.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,067,723 shares of the company’s stock after purchasing an additional 99,701 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises approximately 2.3% of Busey Bank’s portfolio, making the stock its 11th biggest position. Busey Bank owned approximately 0.20% of Vanguard Short-Term Corporate Bond ETF worth $84,638,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Discipline Wealth Solutions LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 146.9% during the first quarter. Discipline Wealth Solutions LLC now owns 29,539 shares of the company’s stock worth $2,342,000 after purchasing an additional 17,577 shares during the last quarter. Capstone Capital LLC grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% in the fourth quarter. Capstone Capital LLC now owns 150,484 shares of the company’s stock valued at $11,998,000 after purchasing an additional 10,080 shares during the period. Kohmann Bosshard Financial Services LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 8.0% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock valued at $70,343,000 after purchasing an additional 65,449 shares during the last quarter. BCS Wealth Management increased its stake in Vanguard Short-Term Corporate Bond ETF by 128.0% in the fourth quarter. BCS Wealth Management now owns 288,032 shares of the company’s stock valued at $22,965,000 after purchasing an additional 161,696 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF by 142.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 27,680 shares of the company’s stock valued at $2,207,000 after purchasing an additional 16,255 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $78.79 on Monday. The stock’s 50-day moving average price is $78.96 and its two-hundred day moving average price is $79.39. 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 Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be given a $0.2876 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

Vanguard Short-Term Corporate Bond ETF Company 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.