Topsail Wealth Management LLC Invests $1.63 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Topsail Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,860 shares of the company’s stock, valued at approximately $1,627,000. Vanguard Short-Term Corporate Bond ETF accounts for 0.3% of Topsail Wealth Management LLC’s holdings, making the stock its 29th biggest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of 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 worth $459,000 after purchasing an additional 2,223 shares in the last quarter. JPMorgan Chase & Co. increased its position 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 worth $367,806,000 after buying an additional 75,949 shares in the last quarter. Vontobel Holding Ltd. raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in 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 during the period. Park Avenue Securities LLC lifted its position in shares of 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 valued at $995,000 after buying an additional 5,013 shares in the last quarter. Finally, Roxbury Financial LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at approximately $101,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $78.80 on Friday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $76.31 and a 12-month high of $79.54. The firm has a 50 day moving average of $78.58 and a 200 day moving average of $78.40.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.289 per share. This represents a $3.47 annualized dividend 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 was Tuesday, April 1st.

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.