Principal Financial Group Inc. Acquires 174,869 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Principal Financial Group Inc. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 42.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 586,243 shares of the company’s stock after purchasing an additional 174,869 shares during the period. Principal Financial Group Inc. owned approximately 0.13% of Vanguard Short-Term Corporate Bond ETF worth $46,559,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Public Sector Pension Investment Board raised its position in Vanguard Short-Term Corporate Bond ETF by 62.5% in the 2nd quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after buying an additional 1,250,000 shares during the last quarter. Carlson Capital Management grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.3% in the third quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock worth $225,403,000 after acquiring an additional 90,699 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 4.3% in the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after acquiring an additional 111,503 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% during the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock valued at $183,305,000 after purchasing an additional 117,998 shares during the last quarter. Finally, Mather Group LLC. lifted its position in Vanguard Short-Term Corporate Bond ETF by 20.3% during the third quarter. Mather Group LLC. now owns 1,799,159 shares of the company’s stock valued at $142,889,000 after purchasing an additional 303,514 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1 %

Shares of VCSH opened at $78.11 on Monday. The firm has a fifty day simple moving average of $78.41 and a two-hundred day simple moving average of $78.32. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2741 per share. This represents a $3.29 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.