Vanguard Short-Term Corporate Bond ETF $VCSH Shares Acquired by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp lifted its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 67.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,707 shares of the company’s stock after acquiring an additional 26,029 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $5,159,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Coyle Financial Counsel LLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 12.8% during the third quarter. Coyle Financial Counsel LLC now owns 291,741 shares of the company’s stock worth $23,319,000 after acquiring an additional 33,074 shares during the period. Goodman Financial Corp grew its position in Vanguard Short-Term Corporate Bond ETF by 8.1% during the third quarter. Goodman Financial Corp now owns 361,738 shares of the company’s stock worth $28,914,000 after buying an additional 26,951 shares during the period. Capstone Capital LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 7.2% during the fourth quarter. Capstone Capital LLC now owns 150,484 shares of the company’s stock worth $11,998,000 after buying an additional 10,080 shares during the period. Kohmann Bosshard Financial Services LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 8.0% during the fourth quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock worth $70,343,000 after buying an additional 65,449 shares during the period. Finally, American Money Management LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 2.8% during the third quarter. American Money Management LLC now owns 421,503 shares of the company’s stock worth $33,691,000 after buying an additional 11,562 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH opened at $78.86 on Wednesday. The firm’s 50-day moving average is $79.12 and its two-hundred day moving average is $79.54. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.58 and a twelve month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st will be given a dividend of $0.2965 per share. The ex-dividend date is Monday, June 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 4.5%.

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.