Paulson Wealth Management Inc. Boosts Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Paulson Wealth Management Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 13.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 245,899 shares of the company’s stock after acquiring an additional 29,652 shares during the quarter. Vanguard Short-Term Corporate Bond ETF accounts for approximately 4.5% of Paulson Wealth Management Inc.’s portfolio, making the stock its 6th largest position. Paulson Wealth Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $19,606,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Thrivent Financial for Lutherans increased its stake in Vanguard Short-Term Corporate Bond ETF by 80.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 286,134 shares of the company’s stock valued at $22,820,000 after purchasing an additional 127,679 shares in the last quarter. BluePrint Investing LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $909,000. Berkeley Capital Partners LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 11.4% in the 4th quarter. Berkeley Capital Partners LLC now owns 21,855 shares of the company’s stock valued at $1,743,000 after buying an additional 2,243 shares during the period. Western Wealth Management LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 16.8% in the 4th quarter. Western Wealth Management LLC now owns 11,041 shares of the company’s stock valued at $880,000 after buying an additional 1,586 shares during the period. Finally, Allworth Financial LP increased its position in Vanguard Short-Term Corporate Bond ETF by 2.4% in the 4th quarter. Allworth Financial LP now owns 418,714 shares of the company’s stock valued at $33,384,000 after buying an additional 9,926 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1%

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.97 on Friday. The business has a 50-day simple moving average of $79.23 and a 200 day simple moving average of $79.62. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.56 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a $0.2906 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, 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.