Kensington Asset Management LLC Takes $8.34 Million Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Kensington Asset Management LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 104,498 shares of the company’s stock, valued at approximately $8,340,000. Vanguard Short-Term Corporate Bond ETF makes up approximately 0.4% of Kensington Asset Management LLC’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors also recently modified their holdings of the company. Imprint Wealth LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the third quarter valued at about $26,000. Optima Capital LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $27,000. Camelot Portfolios LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $27,000. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $30,000. Finally, Colonial Trust Advisors lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 412.4% in the fourth quarter. Colonial Trust Advisors now owns 456 shares of the company’s stock valued at $36,000 after purchasing an additional 367 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.91 on Friday. The stock’s 50-day moving average is $79.07 and its 200-day moving average is $79.49. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.60 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.2965 dividend. This represents a c) dividend on an annualized basis and a dividend 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 was Monday, June 1st.

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.