Sheets Smith Wealth Management Sells 478 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Sheets Smith Wealth Management cut its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,918 shares of the company’s stock after selling 478 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $4,123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Biltmore Family Office LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 2.8% during the first quarter. Biltmore Family Office LLC now owns 4,774 shares of the company’s stock worth $369,000 after purchasing an additional 132 shares during the period. Tempus Wealth Planning LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% in the second quarter. Tempus Wealth Planning LLC now owns 3,911 shares of the company’s stock valued at $302,000 after buying an additional 134 shares during the period. Western Wealth Management LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.4% during the second quarter. Western Wealth Management LLC now owns 10,284 shares of the company’s stock worth $795,000 after acquiring an additional 138 shares in the last quarter. Tillman Hartley LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.2% during the third quarter. Tillman Hartley LLC now owns 6,519 shares of the company’s stock worth $518,000 after acquiring an additional 139 shares during the period. Finally, Orrstown Financial Services Inc. lifted its position in Vanguard Short-Term Corporate Bond ETF by 3.0% in the 2nd quarter. Orrstown Financial Services Inc. now owns 5,243 shares of the company’s stock valued at $405,000 after acquiring an additional 151 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.0 %

Shares of NASDAQ VCSH opened at $78.37 on Friday. The company has a fifty day moving average price of $78.90 and a 200 day moving average price of $78.01. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $75.10 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2741 per share. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.20%.

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.