Kovitz Investment Group Partners LLC Cuts Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Kovitz Investment Group Partners LLC lessened its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 43.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 193,488 shares of the company’s stock after selling 147,566 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $15,427,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes 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 increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% in the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock worth $5,414,000 after buying an additional 4,096 shares during the period. First Trust Advisors LP lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% in the 2nd quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after acquiring an additional 646 shares during the last quarter. Brown Advisory Inc. lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after acquiring an additional 226 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 3.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after acquiring an additional 1,337 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock opened at $78.85 on Friday. The business has a 50-day moving average of $79.06 and a 200 day moving average of $79.45. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $78.60 and a 1-year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2965 dividend. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 4.5%.

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.