Garden State Investment Advisory Services LLC Decreases Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Garden State Investment Advisory Services LLC trimmed its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 86,359 shares of the company’s stock after selling 671 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 2.0% of Garden State Investment Advisory Services LLC’s investment portfolio, making the stock its 10th biggest position. Garden State Investment Advisory Services LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,745,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC increased its position in Vanguard Short-Term Corporate Bond ETF by 60.7% in the 4th quarter. GAMMA Investing LLC now owns 5,886 shares of the company’s stock valued at $459,000 after acquiring an additional 2,223 shares during the period. JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 75,949 shares during the period. Vontobel Holding Ltd. raised its position in Vanguard Short-Term Corporate Bond ETF by 3.4% during the 4th quarter. Vontobel Holding Ltd. now owns 20,033 shares of the company’s stock worth $1,563,000 after purchasing an additional 660 shares during the last quarter. Park Avenue Securities LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 64.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,761 shares of the company’s stock worth $995,000 after purchasing an additional 5,013 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $101,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH stock opened at $78.34 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54. The stock has a 50-day moving average of $78.53 and a 200-day moving average of $78.42.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.289 per share. This represents a $3.47 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.