Patten & Patten Inc. TN Buys 6,525 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Patten & Patten Inc. TN lifted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 194,276 shares of the company’s stock after acquiring an additional 6,525 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up approximately 0.9% of Patten & Patten Inc. TN’s investment portfolio, making the stock its 27th largest position. Patten & Patten Inc. TN’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $15,528,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. III Capital Management bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $171,720,000. Corient Private Wealth LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 100.0% during the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock worth $338,199,000 after buying an additional 2,127,325 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Short-Term Corporate Bond ETF by 146.6% during the second quarter. JPMorgan Chase & Co. now owns 2,974,971 shares of the company’s stock worth $236,510,000 after buying an additional 1,768,572 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Vanguard Short-Term Corporate Bond ETF by 62.0% during the second quarter. The Manufacturers Life Insurance Company now owns 4,410,956 shares of the company’s stock worth $350,671,000 after acquiring an additional 1,688,808 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 490.8% in the third quarter. Farther Finance Advisors LLC now owns 897,252 shares of the company’s stock valued at $71,717,000 after acquiring an additional 745,386 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH opened at $79.85 on Friday. The firm has a 50-day moving average of $79.77 and a 200-day moving average of $79.71. Vanguard Short-Term Corporate Bond ETF has a one year low of $77.58 and a one year high of $80.15.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were issued a dividend of $0.3005 per share. The ex-dividend date was Thursday, December 18th. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.30. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.