Paulson Wealth Management Inc. Grows Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Paulson Wealth Management Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 13.7% during the fourth quarter, Holdings Channel reports. The fund owned 245,899 shares of the company’s stock after buying an additional 29,652 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up approximately 4.5% of Paulson Wealth Management Inc.’s portfolio, making the stock its 6th largest position. Paulson Wealth Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $19,606,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at about $252,000. Millennium Management LLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% during the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock worth $5,414,000 after acquiring an additional 4,096 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock worth $1,536,000 after acquiring an additional 646 shares in the last quarter. Brown Advisory Inc. boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in the second quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock worth $541,000 after acquiring an additional 226 shares during the period. Finally, Peapack Gladstone Financial Corp grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% in the second quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after purchasing an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.1%

NASDAQ:VCSH opened at $78.97 on Friday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $78.56 and a 52-week high of $80.26. The business’s fifty day moving average is $79.23 and its 200 day moving average is $79.62.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2906 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, May 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.