Cutler Investment Counsel LLC Reduces Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Cutler Investment Counsel LLC cut its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,587 shares of the company’s stock after selling 381 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $682,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KPP Advisory Services LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 22.1% in the 3rd quarter. KPP Advisory Services LLC now owns 4,058 shares of the company’s stock valued at $322,000 after purchasing an additional 735 shares during the last quarter. Northeast Financial Group Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 29.7% in the 3rd quarter. Northeast Financial Group Inc. now owns 28,452 shares of the company’s stock valued at $2,260,000 after buying an additional 6,513 shares during the period. Seelaus Asset Management LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 26.1% in the third quarter. Seelaus Asset Management LLC now owns 4,344 shares of the company’s stock valued at $345,000 after buying an additional 900 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 2.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 12,578 shares of the company’s stock valued at $999,000 after buying an additional 242 shares during the last quarter. Finally, Black Diamond Financial LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 0.9% during the third quarter. Black Diamond Financial LLC now owns 88,007 shares of the company’s stock worth $6,986,000 after buying an additional 792 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH traded up $0.07 during trading on Friday, reaching $78.16. 4,186,771 shares of the company traded hands, compared to its average volume of 3,576,150. The stock has a 50-day simple moving average of $78.82 and a 200-day simple moving average of $78.06. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $75.70 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.2741 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date was Friday, November 1st. This represents a $3.29 dividend on an annualized basis and a yield of 4.21%.

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.