Northwestern Mutual Wealth Management Co. Increases Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 83.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,600,359 shares of the company’s stock after purchasing an additional 727,130 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.37% of Vanguard Short-Term Corporate Bond ETF worth $127,229,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VCSH. Bank Hapoalim BM raised its position in Vanguard Short-Term Corporate Bond ETF by 0.8% in the second quarter. Bank Hapoalim BM now owns 16,230 shares of the company’s stock worth $1,290,000 after acquiring an additional 132 shares in the last quarter. David Kennon Inc boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 4.5% during the second quarter. David Kennon Inc now owns 3,201 shares of the company’s stock worth $255,000 after buying an additional 137 shares in the last quarter. Juncture Wealth Strategies LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 0.3% in the second quarter. Juncture Wealth Strategies LLC now owns 54,235 shares of the company’s stock valued at $4,312,000 after buying an additional 139 shares in the last quarter. Tcfg Wealth Management LLC lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.5% during the 2nd quarter. Tcfg Wealth Management LLC now owns 6,039 shares of the company’s stock valued at $480,000 after acquiring an additional 145 shares during the period. Finally, Rehmann Capital Advisory Group raised its holdings in Vanguard Short-Term Corporate Bond ETF by 0.9% during the second quarter. Rehmann Capital Advisory Group now owns 16,235 shares of the company’s stock worth $1,291,000 after purchasing an additional 146 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $80.08 on Friday. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $77.58 and a fifty-two week high of $80.15. The stock’s fifty day moving average is $79.86 and its two-hundred day moving average is $79.47.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were given a dividend of $0.2974 per share. The ex-dividend date was Monday, November 3rd. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.