Miracle Mile Advisors LLC Acquires 3,459 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Miracle Mile Advisors LLC grew its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 59,926 shares of the company’s stock after buying an additional 3,459 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $4,675,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VCSH. JPMorgan Chase & Co. boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock valued at $367,806,000 after buying an additional 75,949 shares during the period. Public Sector Pension Investment Board boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 62.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after purchasing an additional 1,250,000 shares during the last quarter. Carlson Capital Management raised its holdings in Vanguard Short-Term Corporate Bond ETF by 3.3% in the 3rd quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock valued at $225,403,000 after buying an additional 90,699 shares during the period. LPL Financial LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 4.3% during the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after purchasing an additional 111,503 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 5.4% in the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock valued at $183,305,000 after purchasing an additional 117,998 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH stock traded down $0.09 during trading hours on Monday, hitting $77.70. The stock had a trading volume of 2,759,625 shares, compared to its average volume of 3,872,632. The stock’s 50 day moving average is $78.21 and its 200 day moving average is $78.40. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.27 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.2798 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Tuesday, December 24th.

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.