Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Stake Reduced by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. lowered its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 706,560 shares of the company’s stock after selling 56,937 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises 2.4% of Beacon Investment Advisory Services Inc.’s portfolio, making the stock its 7th largest position. Beacon Investment Advisory Services Inc. owned about 0.16% of Vanguard Short-Term Corporate Bond ETF worth $55,119,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of VCSH. Blair William & Co. IL raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 45.6% in the 2nd quarter. Blair William & Co. IL now owns 13,712 shares of the company’s stock valued at $1,060,000 after purchasing an additional 4,294 shares in the last quarter. Marshall Wace LLP increased its position in Vanguard Short-Term Corporate Bond ETF by 91.1% in the 2nd quarter. Marshall Wace LLP now owns 152,700 shares of the company’s stock valued at $11,801,000 after acquiring an additional 72,800 shares during the period. Insigneo Advisory Services LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the second quarter worth about $1,325,000. Wescott Financial Advisory Group LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 4.4% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 307,033 shares of the company’s stock valued at $23,726,000 after buying an additional 13,046 shares during the period. Finally, Mcmorgan & Co. LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 32.5% in the 2nd quarter. Mcmorgan & Co. LLC now owns 152,150 shares of the company’s stock worth $11,757,000 after purchasing an additional 37,354 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $78.14 on Thursday. The stock has a fifty day moving average of $78.18 and a 200-day moving average of $78.44. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $76.27 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.2798 dividend. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Tuesday, December 24th.

Vanguard Short-Term Corporate Bond ETF Company 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.