Independence Bank of Kentucky Buys 150 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Independence Bank of Kentucky grew its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 17,591 shares of the company’s stock after purchasing an additional 150 shares during the period. Independence Bank of Kentucky’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,389,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VCSH. Bank of America Corp DE increased its holdings in Vanguard Short-Term Corporate Bond ETF by 18.0% during the 4th quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock worth $4,762,539,000 after purchasing an additional 9,313,379 shares in the last quarter. American Family Investments Inc. grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 244.9% in the fourth quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock valued at $393,326,000 after acquiring an additional 3,580,000 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $257,541,000. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after acquiring an additional 874,756 shares in the last quarter. Finally, WestEnd Advisors LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 95.5% in the fourth quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock valued at $108,509,000 after acquiring an additional 679,632 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

VCSH stock opened at $78.59 on Friday. The business has a 50 day moving average of $78.66 and a 200-day moving average of $78.46. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $76.91 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a $0.297 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. This represents a $3.56 annualized dividend and a dividend yield of 4.53%.

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.