Kovack Advisors Inc. Has $1.70 Million Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Kovack Advisors Inc. lowered its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,408 shares of the company’s stock after selling 368 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Rothschild Investment LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at approximately $31,000. Orion Capital Management LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 99.1% in the 1st quarter. Orion Capital Management LLC now owns 422 shares of the company’s stock valued at $33,000 after acquiring an additional 210 shares in the last quarter. Tsfg LLC bought a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter valued at approximately $40,000. Abich Financial Wealth Management LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the first quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 504 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth about $45,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ VCSH traded up $0.09 during trading on Wednesday, reaching $78.22. 311,807 shares of the company’s stock were exchanged, compared to its average volume of 3,564,387. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $75.51 and a fifty-two week high of $79.54. The business has a 50 day moving average price of $78.87 and a 200-day moving average price of $78.05.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2741 per share. The ex-dividend date of this dividend was Friday, November 1st. 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 4.21%.

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.