Exchange Bank Raises Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Exchange Bank increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 40.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 27,115 shares of the company’s stock after acquiring an additional 7,813 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up approximately 1.3% of Exchange Bank’s holdings, making the stock its 24th largest holding. Exchange Bank’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 14.4% in the 2nd quarter. Sax Wealth Advisors LLC now owns 11,953 shares of the company’s stock valued at $948,000 after buying an additional 1,502 shares during the period. Chemistry Wealth Management LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 1.1% during the second quarter. Chemistry Wealth Management LLC now owns 25,255 shares of the company’s stock worth $1,996,000 after acquiring an additional 263 shares during the period. Sunburst Financial Group LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 2.9% during the second quarter. Sunburst Financial Group LLC now owns 462,477 shares of the company’s stock worth $36,550,000 after acquiring an additional 13,215 shares during the period. Agate Pass Investment Management LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 8.6% during the second quarter. Agate Pass Investment Management LLC now owns 37,570 shares of the company’s stock valued at $2,969,000 after acquiring an additional 2,965 shares in the last quarter. Finally, TL Private Wealth raised its position in Vanguard Short-Term Corporate Bond ETF by 6.6% during the second quarter. TL Private Wealth now owns 228,711 shares of the company’s stock valued at $17,993,000 after acquiring an additional 14,208 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $78.61 on Friday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.36 and a 12-month high of $80.26. The business has a 50 day moving average of $78.73 and a two-hundred day moving average of $79.19.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.299 per share. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.6%.

Vanguard Short-Term Corporate Bond ETF 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.