Grand Wealth Management LLC Increases Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Grand Wealth Management LLC grew its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 12.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 59,013 shares of the company’s stock after buying an additional 6,758 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 2.6% of Grand Wealth Management LLC’s portfolio, making the stock its 8th largest position. Grand Wealth Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $4,604,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 60.7% in the 4th quarter. GAMMA Investing LLC now owns 5,886 shares of the company’s stock valued at $459,000 after acquiring an additional 2,223 shares in the last quarter. JPMorgan Chase & Co. grew its holdings 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 worth $367,806,000 after buying an additional 75,949 shares in the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% in the fourth quarter. Vontobel Holding Ltd. now owns 20,033 shares of the company’s stock valued at $1,563,000 after purchasing an additional 660 shares during the last quarter. Park Avenue Securities LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 64.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,761 shares of the company’s stock worth $995,000 after buying an additional 5,013 shares in the last quarter. Finally, Roxbury Financial LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $101,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $78.73 on Thursday. The firm has a fifty day simple moving average of $78.53 and a 200 day simple moving average of $78.49. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.289 per share. This represents a $3.47 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date is Tuesday, April 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27.

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.