Professional Advisory Services Inc. Takes $7.06 Million Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Professional Advisory Services Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 88,283 shares of the company’s stock, valued at approximately $7,056,000.

A number of other institutional investors have also added to or reduced their stakes in VCSH. The Manufacturers Life Insurance Company lifted 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 worth $350,671,000 after buying an additional 1,688,808 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 100.0% in the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after acquiring an additional 2,127,325 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 4.2% during the second quarter. Raymond James Financial Inc. now owns 3,402,154 shares of the company’s stock valued at $270,471,000 after acquiring an additional 136,915 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.0% during the third quarter. Sequoia Financial Advisors LLC now owns 3,312,431 shares of the company’s stock valued at $264,763,000 after acquiring an additional 158,367 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 146.6% during the second quarter. JPMorgan Chase & Co. now owns 2,974,971 shares of the company’s stock worth $236,510,000 after acquiring an additional 1,768,572 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH stock opened at $79.76 on Tuesday. The stock’s fifty day simple moving average is $79.76 and its two-hundred day simple moving average is $79.69. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $77.58 and a 1-year high of $80.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.