Hurlow Wealth Management Group Inc. Acquires 5,920 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Hurlow Wealth Management Group Inc. grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,911 shares of the company’s stock after buying an additional 5,920 shares during the quarter. Vanguard Short-Term Corporate Bond ETF accounts for approximately 2.2% of Hurlow Wealth Management Group Inc.’s holdings, making the stock its 15th biggest holding. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,936,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.2% in the fourth quarter. Vanguard Group Inc. now owns 5,431,628 shares of the company’s stock worth $423,721,000 after purchasing an additional 317,430 shares during the last quarter. Barings LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 0.8% during the 4th quarter. Barings LLC now owns 5,149,957 shares of the company’s stock worth $401,748,000 after purchasing an additional 41,430 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock valued at $367,806,000 after acquiring an additional 75,949 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $257,541,000. Finally, Financial Engines Advisors L.L.C. raised its stake in Vanguard Short-Term Corporate Bond ETF by 2.1% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,110,405 shares of the company’s stock worth $242,643,000 after buying an additional 64,790 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ VCSH opened at $78.96 on Friday. The business has a fifty day moving average price of $78.54 and a 200 day moving average price 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a dividend of $0.289 per share. This represents a $3.47 annualized dividend and a dividend yield of 4.39%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.