Peapack Gladstone Financial Corp Has $2.99 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Peapack Gladstone Financial Corp decreased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,672 shares of the company’s stock after selling 2,632 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,992,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCSH. SG Americas Securities LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 46.6% during the second quarter. SG Americas Securities LLC now owns 10,492 shares of the company’s stock worth $811,000 after buying an additional 3,333 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter valued at approximately $45,000. Brookstone Capital Management boosted its position in Vanguard Short-Term Corporate Bond ETF by 7.3% in the second quarter. Brookstone Capital Management now owns 9,997 shares of the company’s stock valued at $778,000 after buying an additional 676 shares in the last quarter. Raymond James & Associates boosted its position in Vanguard Short-Term Corporate Bond ETF by 8.0% during the 2nd quarter. Raymond James & Associates now owns 1,418,145 shares of the company’s stock worth $109,587,000 after buying an additional 104,550 shares during the period. Finally, Western Wealth Management LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% in the second quarter. Western Wealth Management LLC now owns 10,284 shares of the company’s stock worth $795,000 after purchasing an additional 138 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $78.36 on Friday. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.27 and a 1 year high of $79.54. The business’s 50-day moving average is $78.46 and its 200-day moving average is $78.28.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2741 per share. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend was Friday, November 1st.

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.