Ballast Financial Advisors LLC Acquires New Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Ballast Financial Advisors LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the 4th quarter, Holdings Channel reports. The fund acquired 12,129 shares of the company’s stock, valued at approximately $967,000. Vanguard Short-Term Corporate Bond ETF makes up 1.0% of Ballast Financial Advisors LLC’s holdings, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the company. Brooks Moore & Associates Inc. lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 107.8% during the fourth quarter. Brooks Moore & Associates Inc. now owns 22,460 shares of the company’s stock valued at $1,791,000 after buying an additional 11,654 shares during the period. Align Financial LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at approximately $8,881,000. Integrated Advisors Network LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.8% during the fourth quarter. Integrated Advisors Network LLC now owns 128,845 shares of the company’s stock valued at $10,273,000 after buying an additional 4,717 shares during the period. AQR Capital Management LLC increased its position in Vanguard Short-Term Corporate Bond ETF by 432.4% during the fourth quarter. AQR Capital Management LLC now owns 13,884 shares of the company’s stock worth $1,107,000 after purchasing an additional 11,276 shares during the last quarter. Finally, Northeast Financial Group Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 2.1% during the fourth quarter. Northeast Financial Group Inc. now owns 32,408 shares of the company’s stock worth $2,585,000 after purchasing an additional 662 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.4%

Shares of VCSH stock opened at $78.71 on Thursday. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.60 and a one year high of $80.26. The company has a 50 day moving average price of $79.06 and a 200 day moving average price of $79.46.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.2965 per share. This represents a c) annualized dividend and a yield of 4.5%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, June 1st.

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.