Financial & Tax Architects LLC Purchases New Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Financial & Tax Architects LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the third quarter, HoldingsChannel.com reports. The fund purchased 119,209 shares of the company’s stock, valued at approximately $9,528,000. Vanguard Short-Term Corporate Bond ETF comprises about 2.1% of Financial & Tax Architects LLC’s portfolio, making the stock its 10th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its holdings in 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. Corient Private Wealth LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 100.0% in the 2nd quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock worth $338,199,000 after buying an additional 2,127,325 shares during the period. Raymond James Financial Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 4.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,402,154 shares of the company’s stock worth $270,471,000 after buying an additional 136,915 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake 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 buying an additional 158,367 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $236,510,000 after acquiring an additional 1,768,572 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.2%

NASDAQ:VCSH opened at $79.88 on Friday. The firm’s fifty day simple moving average is $79.77 and its 200 day simple moving average is $79.75. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $77.58 and a twelve month high of $80.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2972 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.29.

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.