Milestone Investment Advisors LLC Has $7.70 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Milestone Investment Advisors LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 7.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,670 shares of the company’s stock after acquiring an additional 6,856 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up approximately 2.1% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 15th largest position. Milestone Investment Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $7,697,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Keystone Financial Group Inc. bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at $32,000. Bank of Jackson Hole Trust acquired a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $42,000. Sound Income Strategies LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after purchasing an additional 179 shares during the period. ST Germain D J Co. Inc. lifted its position in Vanguard Short-Term Corporate Bond ETF by 278.2% during the fourth quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock worth $53,000 after purchasing an additional 498 shares during the period. Finally, Graney & King LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $53,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.73 on Thursday. The firm has a 50 day moving average of $78.53 and a 200-day moving average of $78.49. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.27 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.289 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.47 annualized dividend and a yield of 4.40%. The ex-dividend date is Tuesday, April 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.