Sweeney & Michel LLC Makes New Investment in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Sweeney & Michel LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,163 shares of the company’s stock, valued at approximately $325,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VCSH. Keystone Financial Group Inc. acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $32,000. Transce3nd LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $32,000. Concourse Financial Group Securities Inc. grew its holdings in Vanguard Short-Term Corporate Bond ETF by 156.3% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock valued at $35,000 after buying an additional 275 shares in the last quarter. Vermillion Wealth Management Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $38,000. Finally, Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $42,000.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1%

VCSH opened at $79.03 on Monday. The business’s 50 day moving average price is $78.67 and its 200 day moving average price is $78.45. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.81 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were issued a $0.2824 dividend. The ex-dividend date was Thursday, May 1st. This represents a $3.39 annualized dividend and a dividend yield of 4.29%.

Vanguard Short-Term Corporate Bond ETF 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.