Franklin Resources Inc. Increases Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Franklin Resources Inc. increased its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 451,876 shares of the company’s stock after buying an additional 14,283 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $35,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VCSH. United Community Bank increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.6% in the fourth quarter. United Community Bank now owns 2,519 shares of the company’s stock valued at $197,000 after purchasing an additional 133 shares during the period. Bremer Bank National Association boosted its position in Vanguard Short-Term Corporate Bond ETF by 1.4% in the fourth quarter. Bremer Bank National Association now owns 10,878 shares of the company’s stock valued at $849,000 after buying an additional 149 shares during the last quarter. Empirical Asset Management LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 1.5% in the 4th quarter. Empirical Asset Management LLC now owns 11,597 shares of the company’s stock worth $905,000 after buying an additional 171 shares during the period. Capital Investment Advisors LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 0.7% during the 4th quarter. Capital Investment Advisors LLC now owns 24,918 shares of the company’s stock worth $1,944,000 after buying an additional 175 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% during the 4th quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock valued at $44,000 after acquiring an additional 179 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2 %

VCSH stock opened at $78.83 on Friday. The firm’s fifty day simple moving average is $78.55 and its 200-day simple moving average is $78.48. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.289 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.47 annualized dividend and a yield of 4.40%. The ex-dividend date was Tuesday, April 1st.

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.