Independent Financial Group LLC Invests $793,000 in Vanguard Short-Term Corporate Bond ETF $VCSH

Independent Financial Group LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,002 shares of the company’s stock, valued at approximately $793,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VCSH. Discipline Wealth Solutions LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 146.9% during the first quarter. Discipline Wealth Solutions LLC now owns 29,539 shares of the company’s stock valued at $2,342,000 after buying an additional 17,577 shares during the period. Capstone Capital LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% in the fourth quarter. Capstone Capital LLC now owns 150,484 shares of the company’s stock worth $11,998,000 after acquiring an additional 10,080 shares during the period. Kohmann Bosshard Financial Services LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 8.0% in the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock worth $70,343,000 after acquiring an additional 65,449 shares during the period. BCS Wealth Management boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 128.0% during the 4th quarter. BCS Wealth Management now owns 288,032 shares of the company’s stock worth $22,965,000 after acquiring an additional 161,696 shares in the last quarter. Finally, Lee Financial Co purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $1,075,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

NASDAQ:VCSH opened at $78.59 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $78.45 and a 52 week high of $80.26. The stock’s 50-day moving average price is $78.83 and its 200-day moving average price is $79.30.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2876 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Vanguard Short-Term Corporate Bond ETF Company 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.