Private Management Group Inc. Increases Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Private Management Group Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 52.9% in the third quarter, HoldingsChannel.com reports. The firm owned 343,926 shares of the company’s stock after buying an additional 118,989 shares during the quarter. Private Management Group Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $27,315,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Daymark Wealth Partners LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the third quarter worth about $295,000. Victory Capital Management Inc. raised its position in 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 purchasing an additional 7,033 shares during the last quarter. Vanguard Group Inc. lifted its holdings in 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 period. Retirement Investment Advisors Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the second quarter valued at approximately $1,377,000. Finally, Wealthspire Advisors LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 2.6% in the first quarter. Wealthspire Advisors LLC now owns 8,582 shares of the company’s stock worth $664,000 after acquiring an additional 214 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1 %

Vanguard Short-Term Corporate Bond ETF stock traded down $0.10 during mid-day trading on Friday, reaching $78.05. 2,457,816 shares of the company traded hands, compared to its average volume of 3,570,835. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $75.06 and a 52-week high of $79.54. The firm’s 50 day moving average price is $78.96 and its 200 day moving average price is $77.94.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be paid a $0.2741 dividend. 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 yield of 4.21%. The ex-dividend date is Friday, November 1st.

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.