Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Position Raised by Steele Capital Management Inc.

Steele Capital Management Inc. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,138,031 shares of the company’s stock after acquiring an additional 58,146 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises approximately 4.7% of Steele Capital Management Inc.’s holdings, making the stock its 7th biggest position. Steele Capital Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $89,836,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 18.0% in the fourth quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock worth $4,762,539,000 after purchasing an additional 9,313,379 shares during the last quarter. American Family Investments Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 244.9% in the fourth quarter. American Family Investments Inc. now owns 5,042,000 shares of the company’s stock worth $393,326,000 after purchasing an additional 3,580,000 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth approximately $257,541,000. Envestnet Asset Management Inc. increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock worth $635,177,000 after purchasing an additional 874,756 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 73.3% in the fourth quarter. Truist Financial Corp now owns 1,584,861 shares of the company’s stock worth $123,635,000 after purchasing an additional 670,089 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.2%

Shares of NASDAQ VCSH opened at $78.84 on Friday. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.92 and a one year high of $79.54. The firm’s 50 day simple moving average is $78.68 and its two-hundred day simple moving average is $78.48.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a dividend of $0.297 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. This represents a $3.56 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Monday, June 2nd.

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.