Bernard Wealth Management Corp. Takes $104,000 Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Bernard Wealth Management Corp. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,349 shares of the company’s stock, valued at approximately $104,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keystone Financial Group Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $32,000. Bank of Jackson Hole Trust acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $42,000. Sound Income Strategies LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock valued at $44,000 after acquiring an additional 179 shares in the last quarter. Hurley Capital LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $51,000. Finally, ST Germain D J Co. Inc. grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 278.2% during the 4th quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock worth $53,000 after purchasing an additional 498 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.7 %

NASDAQ:VCSH opened at $78.29 on Tuesday. The company has a 50 day moving average price of $78.55 and a 200-day moving average price of $78.47. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.289 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.47 dividend on an annualized basis and a dividend yield of 4.43%. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.