Factor Wealth Management LTD Has $14.67 Million Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Factor Wealth Management LTD lifted its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 18.8% in the first quarter, HoldingsChannel.com reports. The fund owned 185,081 shares of the company’s stock after buying an additional 29,284 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 2.8% of Factor Wealth Management LTD’s portfolio, making the stock its 9th biggest holding. Factor Wealth Management LTD’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $14,671,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Friedenthal Financial lifted its stake in Vanguard Short-Term Corporate Bond ETF by 4.2% in the 1st quarter. Friedenthal Financial now owns 20,840 shares of the company’s stock valued at $1,652,000 after purchasing an additional 847 shares during the last quarter. Strategent Financial LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 76.2% during the first quarter. Strategent Financial LLC now owns 104,143 shares of the company’s stock worth $8,255,000 after buying an additional 45,036 shares in the last quarter. RFG Advisory LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 1.7% in the 1st quarter. RFG Advisory LLC now owns 187,802 shares of the company’s stock valued at $14,887,000 after acquiring an additional 3,073 shares during the last quarter. Tranquility Partners LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 1st quarter valued at $203,000. Finally, Faithward Advisors LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 12.4% during the first quarter. Faithward Advisors LLC now owns 3,795 shares of the company’s stock valued at $301,000 after purchasing an additional 418 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.2%

NASDAQ:VCSH opened at $78.98 on Thursday. The firm’s 50 day simple moving average is $79.02 and its 200 day simple moving average is $79.43. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.60 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.