Cornerstone Planning Group LLC Decreases Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Cornerstone Planning Group LLC reduced its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 11.6% in the third quarter, Holdings Channel.com reports. The fund owned 2,915 shares of the company’s stock after selling 383 shares during the period. Cornerstone Planning Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $229,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCSH. Daymark Wealth Partners LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter valued at approximately $295,000. Victory Capital Management Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 0.9% during the 2nd quarter. Victory Capital Management Inc. now owns 750,651 shares of the company’s stock valued at $58,007,000 after buying an additional 7,033 shares during the period. Vanguard Group Inc. boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 4,922,885 shares of the company’s stock worth $380,588,000 after buying an additional 316,031 shares during the last quarter. Retirement Investment Advisors Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter worth $1,377,000. Finally, FIDELIS iM LLC increased its position in Vanguard Short-Term Corporate Bond ETF by 4.5% during the second quarter. FIDELIS iM LLC now owns 229,297 shares of the company’s stock valued at $17,718,000 after acquiring an additional 9,913 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

VCSH stock opened at $78.13 on Wednesday. The business’s 50-day moving average is $78.87 and its two-hundred day moving average is $78.05. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $75.11 and a fifty-two week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2741 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase 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.