Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Stake Boosted by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC increased its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 24.1% during the 4th quarter, HoldingsChannel reports. The firm owned 3,888 shares of the company’s stock after acquiring an additional 756 shares during the period. Kraft Davis & Associates LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VCSH. Raymond James Financial Inc. bought a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $257,541,000. Janney Montgomery Scott LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 71.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock worth $164,142,000 after purchasing an additional 878,823 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after purchasing an additional 874,756 shares during the period. Quantum Financial Planning Services Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $56,639,000. Finally, WestEnd Advisors LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 95.5% during the fourth quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock worth $108,509,000 after buying an additional 679,632 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $78.13 on Wednesday. The stock’s 50 day moving average price is $78.54 and its 200 day moving average price is $78.46. 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 declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.289 per share. This represents a $3.47 dividend on an annualized basis and a dividend yield of 4.44%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Tuesday, April 1st.

Vanguard Short-Term Corporate Bond ETF Company 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.