Sheets Smith Wealth Management Has $5.23 Million Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Sheets Smith Wealth Management cut its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 67,655 shares of the company’s stock after selling 5,552 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $5,234,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Meredith Wealth Planning raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 0.6% in the fourth quarter. Meredith Wealth Planning now owns 23,541 shares of the company’s stock worth $1,821,000 after buying an additional 135 shares in the last quarter. Lodestar Private Asset Management LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.3% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 2,861 shares of the company’s stock valued at $215,000 after buying an additional 143 shares in the last quarter. Freedom Wealth Alliance LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.4% during the third quarter. Freedom Wealth Alliance LLC now owns 4,402 shares of the company’s stock worth $331,000 after purchasing an additional 146 shares during the last quarter. Wealthsource Partners LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.0% in the 4th quarter. Wealthsource Partners LLC now owns 16,063 shares of the company’s stock worth $1,243,000 after purchasing an additional 160 shares in the last quarter. Finally, Cadence Bank increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.6% during the 3rd quarter. Cadence Bank now owns 6,415 shares of the company’s stock valued at $482,000 after purchasing an additional 165 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.3 %

VCSH traded up $0.22 during midday trading on Friday, hitting $76.93. The stock had a trading volume of 2,713,259 shares, compared to its average volume of 4,722,133. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $74.43 and a 1 year high of $77.72. The business has a fifty day moving average of $76.90 and a 200 day moving average of $76.67.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.2492 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date is Wednesday, May 1st.

About Vanguard Short-Term Corporate Bond ETF

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.