Vanguard Short-Term Corporate Bond ETF $VCSH Stake Cut by Asset Management Group Inc.

Asset Management Group Inc. trimmed its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 191,535 shares of the company’s stock after selling 10,028 shares during the quarter. Vanguard Short-Term Corporate Bond ETF accounts for approximately 2.5% of Asset Management Group Inc.’s holdings, making the stock its 12th biggest holding. Asset Management Group Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $15,271,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the third quarter valued at $26,000. Optima Capital LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $27,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $27,000. Jessup Wealth Management Inc acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $30,000. Finally, Colonial Trust Advisors increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 412.4% during the fourth quarter. Colonial Trust Advisors now owns 456 shares of the company’s stock valued at $36,000 after purchasing an additional 367 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH opened at $79.00 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.60 and a one year high of $80.26. The stock’s fifty day moving average is $79.07 and its 200-day moving average is $79.47.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared 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 represents a c) dividend on an annualized basis and a dividend yield of 4.5%. 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 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.