Firestone Capital Management Increases Stock Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Firestone Capital Management increased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 222,621 shares of the company’s stock after purchasing an additional 11,994 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up about 4.2% of Firestone Capital Management’s portfolio, making the stock its 7th biggest position. Firestone Capital Management owned approximately 0.05% of Vanguard Short-Term Corporate Bond ETF worth $17,698,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. NewSquare Capital LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter valued at $33,000. Costello Asset Management INC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the first quarter valued at about $36,000. AlphaCore Capital LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the first quarter valued at about $39,000. Avion Wealth bought a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter worth about $39,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 442.2% during the first quarter. Cullen Frost Bankers Inc. now owns 553 shares of the company’s stock valued at $44,000 after buying an additional 451 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $79.62 on Friday. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $77.58 and a 52 week high of $80.15. The firm has a 50 day moving average of $79.87 and a 200 day moving average of $79.40.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were issued a $0.2974 dividend. This is a boost 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%. The ex-dividend date of this dividend was Monday, November 3rd.

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.