Latko Wealth Management Ltd. Invests $1.41 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Latko Wealth Management Ltd. purchased a new stake in shares of 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 (SEC). The institutional investor purchased 17,760 shares of the company’s stock, valued at approximately $1,411,000. Vanguard Short-Term Corporate Bond ETF accounts for about 0.9% of Latko Wealth Management Ltd.’s portfolio, making the stock its 15th biggest holding.

Several other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter valued at $31,000. Orion Capital Management LLC increased its holdings 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 during the last quarter. Tsfg LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter valued at about $40,000. Abich Financial Wealth Management LLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 1,028.6% during the first quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock worth $43,000 after buying an additional 504 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth about $45,000.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCSH stock opened at $78.05 on Friday. The stock has a 50-day moving average of $78.96 and a 200-day moving average of $77.96. Vanguard Short-Term Corporate Bond ETF has a one year low of $75.06 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.