Power Wealth Management LLC Buys New Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Power Wealth Management LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, HoldingsChannel reports. The fund bought 12,099 shares of the company’s stock, valued at approximately $936,000.

Several other institutional investors and hedge funds have also bought and sold shares of VCSH. Halpern Financial Inc. acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $26,000. Fortitude Family Office LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $30,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $31,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1,306.3% during the fourth quarter. Sound Income Strategies LLC now owns 450 shares of the company’s stock valued at $35,000 after acquiring an additional 418 shares in the last quarter. Finally, Planned Solutions Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $37,000.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.3 %

VCSH stock traded up $0.22 during trading on Friday, reaching $76.93. The company had a trading volume of 2,713,259 shares, compared to its average volume of 4,722,133. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $74.43 and a twelve month high of $77.72. The firm has a 50-day simple moving average of $76.90 and a 200-day simple moving average of $76.64.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.2492 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date is Wednesday, May 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.