Pointe Capital Management LLC Has $11.08 Million Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Pointe Capital Management LLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 138,970 shares of the company’s stock after acquiring an additional 17,197 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises about 5.5% of Pointe Capital Management LLC’s portfolio, making the stock its 3rd largest holding. Pointe Capital Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $11,080,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $252,000. Millennium Management LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 6.4% during the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after purchasing an additional 4,096 shares in the last quarter. First Trust Advisors LP raised its stake in Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after purchasing an additional 646 shares in the last quarter. Brown Advisory Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF by 3.4% during the second quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock valued at $541,000 after purchasing an additional 226 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in Vanguard Short-Term Corporate Bond ETF by 3.6% during the second quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock valued at $3,019,000 after purchasing an additional 1,337 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1%

Vanguard Short-Term Corporate Bond ETF stock opened at $79.00 on Wednesday. The firm’s fifty day moving average is $79.07 and its 200 day moving average is $79.47. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $78.60 and a 52-week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2965 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change 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.