Summit Financial LLC Grows Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Summit Financial LLC grew its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 63.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,660 shares of the company’s stock after acquiring an additional 30,059 shares during the period. Summit Financial LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,058,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VCSH. Raymond James Financial Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth approximately $257,541,000. Janney Montgomery Scott LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 71.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock worth $164,142,000 after buying an additional 878,823 shares during the period. Quantum Financial Planning Services Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth $56,639,000. WestEnd Advisors LLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 95.5% during the fourth quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock valued at $108,509,000 after buying an additional 679,632 shares during the period. Finally, Truist Financial Corp raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 73.3% in the fourth quarter. Truist Financial Corp now owns 1,584,861 shares of the company’s stock valued at $123,635,000 after acquiring an additional 670,089 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2 %

NASDAQ:VCSH opened at $78.94 on Monday. The company has a 50-day moving average of $78.49 and a 200 day moving average of $78.49. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2588 dividend. The ex-dividend date was Monday, March 3rd.

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.