Valeo Financial Advisors LLC Sells 342,228 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Valeo Financial Advisors LLC lowered its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 37.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 582,653 shares of the company’s stock after selling 342,228 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises about 0.9% of Valeo Financial Advisors LLC’s holdings, making the stock its 21st largest position. Valeo Financial Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $46,047,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VCSH. Discipline Wealth Solutions LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 146.9% in the first quarter. Discipline Wealth Solutions LLC now owns 29,539 shares of the company’s stock worth $2,342,000 after acquiring an additional 17,577 shares during the last quarter. Kohmann Bosshard Financial Services LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 8.0% during the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock valued at $70,343,000 after purchasing an additional 65,449 shares during the last quarter. BCS Wealth Management increased its stake in Vanguard Short-Term Corporate Bond ETF by 128.0% during the 4th quarter. BCS Wealth Management now owns 288,032 shares of the company’s stock valued at $22,965,000 after purchasing an additional 161,696 shares in the last quarter. MIdWestOne Financial Group Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF by 34.6% during the 4th quarter. MIdWestOne Financial Group Inc. now owns 178,381 shares of the company’s stock valued at $14,222,000 after purchasing an additional 45,864 shares in the last quarter. Finally, OLD National Bancorp IN raised its holdings in Vanguard Short-Term Corporate Bond ETF by 5.9% in the fourth quarter. OLD National Bancorp IN now owns 405,781 shares of the company’s stock worth $32,353,000 after buying an additional 22,631 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2%

VCSH stock opened at $78.61 on Friday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.36 and a 12-month high of $80.26. The stock’s 50 day simple moving average is $78.73 and its 200 day simple moving average is $79.19.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were paid a $0.299 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.