Parsons Capital Management Inc. RI Buys 26,254 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Parsons Capital Management Inc. RI grew its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 64.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,257 shares of the company’s stock after acquiring an additional 26,254 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $5,376,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. NewSquare Capital LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter worth about $33,000. Versant Capital Management Inc purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth approximately $33,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth approximately $37,000. Avion Wealth bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $39,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the second quarter valued at approximately $43,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH opened at $79.76 on Tuesday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $77.58 and a twelve month high of $80.15. The company has a 50 day moving average of $79.76 and a two-hundred day moving average of $79.69.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 22nd. Stockholders of record on Thursday, December 18th were given a $0.3005 dividend. This represents a c) dividend on an annualized basis and a dividend 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.

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.