Chesapeake Wealth Management Has $12.13 Million Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Chesapeake Wealth Management lifted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 153,501 shares of the company’s stock after purchasing an additional 10,280 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises 3.4% of Chesapeake Wealth Management’s portfolio, making the stock its 4th biggest holding. Chesapeake Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $12,131,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of VCSH. Bayban purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the 1st quarter valued at $25,000. Imprint Wealth LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter worth $26,000. Basepoint Wealth LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the first quarter worth $27,000. Jessup Wealth Management Inc purchased a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $30,000. Finally, Colonial Trust Advisors increased its position in Vanguard Short-Term Corporate Bond ETF by 412.4% during the fourth quarter. Colonial Trust Advisors now owns 456 shares of the company’s stock valued at $36,000 after acquiring an additional 367 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH opened at $78.08 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.07 and a twelve month high of $80.26. The company’s fifty day simple moving average is $78.65 and its 200-day simple moving average is $79.04.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, September 1st will be issued a dividend of $0.3033 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Tuesday, September 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.