Financial Management Professionals Inc. Has $616,000 Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Financial Management Professionals Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 2,500.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,800 shares of the company’s stock after acquiring an additional 7,500 shares during the period. Financial Management Professionals Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $616,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $252,000. Millennium Management LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% in the 1st quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock worth $5,414,000 after purchasing an additional 4,096 shares during the last quarter. First Trust Advisors LP increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% during the 2nd quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock worth $1,536,000 after purchasing an additional 646 shares in the last quarter. Brown Advisory Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% during the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock worth $541,000 after purchasing an additional 226 shares in the last quarter. Finally, Peapack Gladstone Financial Corp increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock worth $3,019,000 after purchasing an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH stock opened at $78.49 on Tuesday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.36 and a 12-month high of $80.26. The firm has a 50-day moving average price of $78.72 and a 200 day moving average price of $79.18.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.