Ballast Financial Advisors LLC Purchases Shares of 12,129 Vanguard Short-Term Corporate Bond ETF $VCSH

Ballast Financial Advisors LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,129 shares of the company’s stock, valued at approximately $967,000. Vanguard Short-Term Corporate Bond ETF makes up about 1.0% of Ballast Financial Advisors LLC’s investment portfolio, making the stock its 24th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brooks Moore & Associates Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 107.8% in the fourth quarter. Brooks Moore & Associates Inc. now owns 22,460 shares of the company’s stock valued at $1,791,000 after purchasing an additional 11,654 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $8,881,000. Integrated Advisors Network LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.8% in the fourth quarter. Integrated Advisors Network LLC now owns 128,845 shares of the company’s stock valued at $10,273,000 after purchasing an additional 4,717 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 432.4% in the fourth quarter. AQR Capital Management LLC now owns 13,884 shares of the company’s stock valued at $1,107,000 after purchasing an additional 11,276 shares in the last quarter. Finally, Northeast Financial Group Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.1% in the fourth quarter. Northeast Financial Group Inc. now owns 32,408 shares of the company’s stock valued at $2,585,000 after purchasing an additional 662 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.4%

Shares of NASDAQ VCSH opened at $78.71 on Thursday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.60 and a 12-month high of $80.26. The firm’s 50-day moving average is $79.06 and its two-hundred day moving average is $79.46.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.