Wescott Financial Advisory Group LLC Has $24.89 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Wescott Financial Advisory Group LLC cut its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 319,010 shares of the company’s stock after selling 1,768 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 2.6% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 12th biggest holding. Wescott Financial Advisory Group LLC owned 0.07% of Vanguard Short-Term Corporate Bond ETF worth $24,886,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keystone Financial Group Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $32,000. Bank of Jackson Hole Trust bought a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth about $42,000. Sound Income Strategies LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% in the 4th quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock valued at $44,000 after buying an additional 179 shares during the last quarter. ST Germain D J Co. Inc. increased its stake in Vanguard Short-Term Corporate Bond ETF by 278.2% in the 4th quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock valued at $53,000 after buying an additional 498 shares during the last quarter. Finally, Graney & King LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $53,000.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.3 %

Shares of VCSH opened at $78.96 on Friday. The stock has a 50 day moving average of $78.54 and a 200 day moving average of $78.49. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.289 per share. This represents a $3.47 dividend on an annualized basis and a dividend yield of 4.39%. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Tuesday, April 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.