Laidlaw Wealth Management LLC Raises Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Laidlaw Wealth Management LLC increased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 22.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,257 shares of the company’s stock after acquiring an additional 6,864 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up about 1.3% of Laidlaw Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Laidlaw Wealth Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,906,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth approximately $29,000. Keystone Financial Group Inc. acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $32,000. Bank of Jackson Hole Trust acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $42,000. Sound Income Strategies LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after purchasing an additional 179 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 823.8% during the third quarter. Venturi Wealth Management LLC now owns 582 shares of the company’s stock worth $46,000 after purchasing an additional 519 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH opened at $78.31 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.27 and a 52 week high of $79.54. The stock’s fifty day moving average is $78.15 and its two-hundred day moving average is $78.51.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2813 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.28.

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.