Marion Wealth Management Buys 9,057 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Marion Wealth Management increased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 236,999 shares of the company’s stock after buying an additional 9,057 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 4.2% of Marion Wealth Management’s holdings, making the stock its 4th biggest holding. Marion Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $18,924,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VCSH. Imprint Wealth LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $26,000. Optima Capital LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $27,000. Versant Capital Management Inc bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $33,000. Greykasell Wealth Strategies Inc. bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $36,000. Finally, Balentine LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth about $46,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $79.32 on Friday. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $78.46 and a 1-year high of $80.26. The business has a 50-day moving average price of $79.52 and a two-hundred day moving average price of $79.71.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.297 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.