Allen Investment Management LLC Purchases 14,897 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Allen Investment Management LLC raised its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.1% in the 4th quarter, Holdings Channel reports. The firm owned 494,036 shares of the company’s stock after buying an additional 14,897 shares during the quarter. Allen Investment Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $39,389,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Coyle Financial Counsel LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 12.8% in the third quarter. Coyle Financial Counsel LLC now owns 291,741 shares of the company’s stock worth $23,319,000 after acquiring an additional 33,074 shares in the last quarter. Goodman Financial Corp raised its position in Vanguard Short-Term Corporate Bond ETF by 8.1% during the third quarter. Goodman Financial Corp now owns 361,738 shares of the company’s stock valued at $28,914,000 after purchasing an additional 26,951 shares in the last quarter. Capstone Capital LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 7.2% during 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 in the last quarter. Kohmann Bosshard Financial Services LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 8.0% during the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock worth $70,343,000 after purchasing an additional 65,449 shares during the last quarter. Finally, American Money Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 2.8% during the third quarter. American Money Management LLC now owns 421,503 shares of the company’s stock worth $33,691,000 after purchasing an additional 11,562 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.4%

VCSH opened at $78.86 on Tuesday. The stock has a 50-day moving average price of $79.12 and a 200-day moving average price of $79.54. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.58 and a 12-month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st will be paid a $0.2965 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.