Valmark Advisers Inc. Purchases 108,060 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Valmark Advisers Inc. grew its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 60.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 286,180 shares of the company’s stock after purchasing an additional 108,060 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $22,686,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VCSH. Bank of America Corp DE increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 3.0% in the 4th quarter. Bank of America Corp DE now owns 71,249,778 shares of the company’s stock valued at $5,680,745,000 after buying an additional 2,051,450 shares in the last quarter. Morgan Stanley lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 1.4% during the fourth quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock worth $1,548,832,000 after acquiring an additional 260,009 shares in the last quarter. Prudential PLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 8.6% during the fourth quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock worth $1,075,444,000 after acquiring an additional 1,063,112 shares in the last quarter. Nepc LLC grew its stake in Vanguard Short-Term Corporate Bond ETF by 15.0% in the fourth quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after acquiring an additional 752,893 shares during the period. Finally, UBS Group AG increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% in the fourth quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock worth $427,663,000 after acquiring an additional 67,797 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ VCSH traded down $0.08 during mid-day trading on Friday, reaching $78.61. 4,248,772 shares of the company’s stock were exchanged, compared to its average volume of 5,211,400. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.54 and a twelve month high of $80.26. The business has a fifty day simple moving average of $78.89 and a 200 day simple moving average of $79.35.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2876 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Wednesday, July 1st.

Vanguard Short-Term Corporate Bond ETF 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.