Pekin Hardy Strauss Inc. Raises Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Pekin Hardy Strauss Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 53.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,011 shares of the company’s stock after buying an additional 2,092 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $477,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wescott Financial Advisory Group LLC grew its stake in Vanguard Short-Term Corporate Bond ETF by 4.5% during the 3rd quarter. Wescott Financial Advisory Group LLC now owns 320,778 shares of the company’s stock worth $25,476,000 after buying an additional 13,745 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 11.4% in the third quarter. Cerity Partners LLC now owns 1,276,262 shares of the company’s stock valued at $101,361,000 after acquiring an additional 130,262 shares during the period. Certified Advisory Corp grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 4.9% during the third quarter. Certified Advisory Corp now owns 78,098 shares of the company’s stock worth $6,203,000 after acquiring an additional 3,627 shares during the last quarter. GenTrust LLC increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% in the 3rd quarter. GenTrust LLC now owns 22,261 shares of the company’s stock valued at $1,768,000 after acquiring an additional 597 shares during the period. Finally, Nwam LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter valued at $5,202,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.17 on Monday. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $75.89 and a 1-year high of $79.54. The firm has a fifty day moving average price of $78.72 and a 200 day moving average price of $78.13.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.2741 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date was Friday, November 1st. This represents a $3.29 annualized dividend and a dividend yield of 4.21%.

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.