Fischer Financial Services Inc. Has $32.74 Million Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Fischer Financial Services Inc. grew its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 2.4% in the 4th quarter, HoldingsChannel reports. The firm owned 410,608 shares of the company’s stock after acquiring an additional 9,600 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up about 8.7% of Fischer Financial Services Inc.’s holdings, making the stock its 2nd biggest holding. Fischer Financial Services Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $32,738,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VCSH. Brighton Jones LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $252,000. Millennium Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 6.4% during the first quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock worth $5,414,000 after purchasing an additional 4,096 shares during the last quarter. First Trust Advisors LP lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.5% during the second quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock worth $1,536,000 after purchasing an additional 646 shares during the last quarter. Brown Advisory Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.4% during the second quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock worth $541,000 after purchasing an additional 226 shares during the last quarter. Finally, Peapack Gladstone Financial Corp lifted its stake in Vanguard Short-Term Corporate Bond ETF by 3.6% during the second quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock worth $3,019,000 after purchasing an additional 1,337 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.1%

Shares of VCSH stock opened at $78.66 on Wednesday. The business has a 50-day moving average price of $79.18 and a two-hundred day moving average price of $79.59. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $78.58 and a 12-month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.2906 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.4%.

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.