Professional Advisory Services Inc. Has $6.16 Million Stake in Vanguard Short-Term Corporate Bond ETF $VCSH

Professional Advisory Services Inc. cut its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 9.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 77,950 shares of the company’s stock after selling 8,123 shares during the quarter. Professional Advisory Services Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,160,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth $252,000. Millennium Management LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.4% in the 1st quarter. Millennium Management LLC now owns 68,589 shares of the company’s stock valued at $5,414,000 after buying an additional 4,096 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.5% in the 2nd quarter. First Trust Advisors LP now owns 19,321 shares of the company’s stock valued at $1,536,000 after buying an additional 646 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.4% during the 2nd quarter. Brown Advisory Inc. now owns 6,810 shares of the company’s stock worth $541,000 after acquiring an additional 226 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 37,969 shares of the company’s stock worth $3,019,000 after acquiring an additional 1,337 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.2%

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.61 on Friday. The firm’s 50-day simple moving average is $78.73 and its 200-day simple moving average is $79.19. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.36 and a twelve month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.299 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29.

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.