Stone Point Wealth LLC Has $9.04 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Stone Point Wealth LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 11.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 113,850 shares of the company’s stock after buying an additional 12,067 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 2.9% of Stone Point Wealth LLC’s holdings, making the stock its 4th biggest holding. Stone Point Wealth LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $9,042,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of VCSH. Rothschild Investment LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the second quarter worth $31,000. Orion Capital Management LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 99.1% in the first quarter. Orion Capital Management LLC now owns 422 shares of the company’s stock valued at $33,000 after purchasing an additional 210 shares in the last quarter. Tsfg LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the third quarter valued at $40,000. Abich Financial Wealth Management LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the first quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 504 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at $45,000.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.4 %

VCSH opened at $78.40 on Friday. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $75.10 and a 1-year high of $79.54. The company has a fifty day moving average price of $78.92 and a two-hundred day moving average price of $77.99.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.2741 dividend. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a $3.29 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend was Friday, November 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.