MidAtlantic Capital Management Inc. Takes $3.09 Million Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

MidAtlantic Capital Management Inc. bought a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,941 shares of the company’s stock, valued at approximately $3,093,000. Vanguard Short-Term Corporate Bond ETF comprises about 2.3% of MidAtlantic Capital Management Inc.’s investment portfolio, making the stock its 13th biggest position.

Several other hedge funds also recently modified their holdings of VCSH. Wulff Hansen & CO. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 7,338.3% during the 2nd quarter. Wulff Hansen & CO. now owns 1,470,543 shares of the company’s stock worth $113,644,000 after buying an additional 1,450,773 shares during the period. Public Sector Pension Investment Board raised its holdings in Vanguard Short-Term Corporate Bond ETF by 62.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after buying an additional 1,250,000 shares during the period. BlueSky Wealth Advisors LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $51,324,000. Nepc LLC raised its holdings in Vanguard Short-Term Corporate Bond ETF by 18.1% during the 1st quarter. Nepc LLC now owns 4,098,375 shares of the company’s stock worth $316,845,000 after buying an additional 627,993 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Vanguard Short-Term Corporate Bond ETF by 197.9% during the 1st quarter. Cetera Investment Advisers now owns 661,589 shares of the company’s stock worth $51,147,000 after buying an additional 439,500 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1 %

NASDAQ VCSH opened at $78.16 on Monday. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $75.70 and a 12-month high of $79.54. The firm’s 50 day moving average is $78.82 and its 200-day moving average is $78.08.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2741 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost 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%.

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.