Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) is Marion Wealth Management’s 3rd Largest Position

Marion Wealth Management increased its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 217,956 shares of the company’s stock after acquiring an additional 5,189 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises approximately 4.5% of Marion Wealth Management’s portfolio, making the stock its 3rd biggest holding. Marion Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $17,003,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 60.7% in the 4th quarter. GAMMA Investing LLC now owns 5,886 shares of the company’s stock worth $459,000 after purchasing an additional 2,223 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 1.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock worth $367,806,000 after purchasing an additional 75,949 shares in the last quarter. Daymark Wealth Partners LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the 3rd quarter valued at about $295,000. Adaptive Financial Consulting LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.7% during the third quarter. Adaptive Financial Consulting LLC now owns 452,756 shares of the company’s stock valued at $35,958,000 after buying an additional 11,967 shares during the period. Finally, Retirement Investment Advisors Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the second quarter worth about $1,377,000.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1 %

NASDAQ:VCSH traded down $0.09 during trading hours on Monday, hitting $77.70. The stock had a trading volume of 2,759,626 shares, compared to its average volume of 3,872,632. The company has a 50 day simple moving average of $78.21 and a two-hundred day simple moving average of $78.40. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.27 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.2798 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date was Tuesday, December 24th.

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.