Vanguard Short-Term Corporate Bond ETF $VCSH Stock Position Cut by Phillips Financial Management LLC

Phillips Financial Management LLC decreased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 42.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,901 shares of the company’s stock after selling 31,283 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,429,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. III Capital Management bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter valued at approximately $171,720,000. Corient Private Wealth LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 100.0% during the 2nd quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after purchasing an additional 2,127,325 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 146.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,974,971 shares of the company’s stock valued at $236,510,000 after purchasing an additional 1,768,572 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 62.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock valued at $350,671,000 after purchasing an additional 1,688,808 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 490.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 897,252 shares of the company’s stock worth $71,717,000 after buying an additional 745,386 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $79.76 on Friday. The business has a fifty day simple moving average of $79.74 and a 200-day simple moving average of $79.67. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $77.58 and a fifty-two week high of $80.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were issued a $0.3005 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, December 18th. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.