Seaside Wealth Management Inc. Raises Stock Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Seaside Wealth Management Inc. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 14.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,053 shares of the company’s stock after acquiring an additional 21,622 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 3.8% of Seaside Wealth Management Inc.’s portfolio, making the stock its 6th biggest holding. Seaside Wealth Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $13,479,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Faithward Advisors LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 16.9% during the fourth quarter. Faithward Advisors LLC now owns 3,377 shares of the company’s stock valued at $269,000 after purchasing an additional 487 shares during the period. Sovereign Investment Advisors LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 22.7% during the fourth quarter. Sovereign Investment Advisors LLC now owns 19,667 shares of the company’s stock valued at $1,568,000 after purchasing an additional 3,639 shares during the period. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $248,000. MML Investors Services LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% during the fourth quarter. MML Investors Services LLC now owns 505,068 shares of the company’s stock valued at $40,269,000 after purchasing an additional 17,771 shares during the period. Finally, Mariner LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 2.0% during the fourth quarter. Mariner LLC now owns 780,501 shares of the company’s stock valued at $62,230,000 after purchasing an additional 15,426 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $78.96 on Tuesday. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.60 and a fifty-two week high of $80.26. The business has a 50 day moving average price of $79.07 and a 200-day moving average price of $79.48.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.2965 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis 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.