Grand Wealth Management LLC Buys 6,758 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Grand Wealth Management LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 12.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,013 shares of the company’s stock after acquiring an additional 6,758 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for 2.6% of Grand Wealth Management LLC’s holdings, making the stock its 8th largest position. Grand Wealth Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $4,604,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 60.7% during the 4th quarter. GAMMA Investing LLC now owns 5,886 shares of the company’s stock worth $459,000 after purchasing an additional 2,223 shares during the last quarter. JPMorgan Chase & Co. increased its position in Vanguard Short-Term Corporate Bond ETF by 1.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock worth $367,806,000 after buying an additional 75,949 shares during the period. Vontobel Holding Ltd. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% during the fourth quarter. Vontobel Holding Ltd. now owns 20,033 shares of the company’s stock worth $1,563,000 after buying an additional 660 shares in the last quarter. Park Avenue Securities LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 64.7% in the fourth quarter. Park Avenue Securities LLC now owns 12,761 shares of the company’s stock valued at $995,000 after acquiring an additional 5,013 shares during the period. Finally, Roxbury Financial LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $101,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.73 on Thursday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.27 and a twelve month high of $79.54. The company has a 50-day simple moving average of $78.53 and a two-hundred day simple moving average of $78.49.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be given a $0.289 dividend. This represents a $3.47 dividend on an annualized basis and a dividend yield of 4.40%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, April 1st.

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.