Fonville Wealth Management LLC Invests $520,000 in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Fonville Wealth Management LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,725 shares of the company’s stock, valued at approximately $520,000.

Several other hedge funds have also made changes to their positions in VCSH. AMI Investment Management Inc. boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 9.8% during the first quarter. AMI Investment Management Inc. now owns 140,665 shares of the company’s stock worth $10,985,000 after buying an additional 12,546 shares during the period. Vontobel Holding Ltd. lifted its position in Vanguard Short-Term Corporate Bond ETF by 8.7% in the first quarter. Vontobel Holding Ltd. now owns 8,687 shares of the company’s stock valued at $678,000 after purchasing an additional 692 shares during the period. Zions Bancorporation N.A. acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the first quarter valued at about $838,000. Equitable Holdings Inc. lifted its position in Vanguard Short-Term Corporate Bond ETF by 20.3% in the first quarter. Equitable Holdings Inc. now owns 43,404 shares of the company’s stock valued at $3,389,000 after purchasing an additional 7,311 shares during the period. Finally, Private Advisory Group LLC lifted its position in Vanguard Short-Term Corporate Bond ETF by 52.0% in the first quarter. Private Advisory Group LLC now owns 51,477 shares of the company’s stock valued at $4,020,000 after purchasing an additional 17,614 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH traded down $0.06 during mid-day trading on Thursday, reaching $76.40. The stock had a trading volume of 8,328,024 shares, compared to its average volume of 4,977,506. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $74.43 and a twelve month high of $77.72. The business has a 50 day simple moving average of $77.01 and a 200 day simple moving average of $76.51.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.2479 dividend. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.23.

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.