Private Management Group Inc. Has $27.32 Million Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Private Management Group Inc. increased its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 52.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 343,926 shares of the company’s stock after purchasing an additional 118,989 shares during the quarter. Private Management Group Inc. owned approximately 0.08% of Vanguard Short-Term Corporate Bond ETF worth $27,315,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Daymark Wealth Partners LLC purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter worth approximately $295,000. Victory Capital Management Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 0.9% in the second quarter. Victory Capital Management Inc. now owns 750,651 shares of the company’s stock worth $58,007,000 after buying an additional 7,033 shares in the last quarter. Vanguard Group Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF by 6.9% during the first quarter. Vanguard Group Inc. now owns 4,922,885 shares of the company’s stock valued at $380,588,000 after acquiring an additional 316,031 shares in the last quarter. Retirement Investment Advisors Inc. bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $1,377,000. Finally, Wealthspire Advisors LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 2.6% in the 1st quarter. Wealthspire Advisors LLC now owns 8,582 shares of the company’s stock worth $664,000 after purchasing an additional 214 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH traded down $0.10 during trading hours on Friday, reaching $78.05. 2,457,816 shares of the company’s stock traded hands, compared to its average volume of 3,570,835. The firm’s 50 day simple moving average is $78.96 and its 200-day simple moving average is $77.94. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $75.06 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be given a dividend of $0.2741 per share. The ex-dividend date is Friday, November 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a $3.29 annualized dividend and a dividend yield of 4.21%.

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.