MidAtlantic Capital Management Inc. Invests $3.09 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

MidAtlantic Capital Management Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the third quarter, Holdings Channel reports. The fund bought 38,941 shares of the company’s stock, valued at approximately $3,093,000. Vanguard Short-Term Corporate Bond ETF makes up approximately 2.3% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of VCSH. J. W. Coons Advisors LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 2.7% during the third quarter. J. W. Coons Advisors LLC now owns 30,207 shares of the company’s stock worth $2,399,000 after acquiring an additional 792 shares in the last quarter. Adaptive Financial Consulting LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 2.7% during the third quarter. Adaptive Financial Consulting LLC now owns 452,756 shares of the company’s stock worth $35,958,000 after acquiring an additional 11,967 shares in the last quarter. TrinityPoint Wealth LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 2.2% during the third quarter. TrinityPoint Wealth LLC now owns 22,788 shares of the company’s stock worth $1,810,000 after acquiring an additional 482 shares in the last quarter. Obsidian Personal Planning Solutions LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter worth about $204,000. Finally, Chesapeake Capital Corp IL raised its stake in Vanguard Short-Term Corporate Bond ETF by 27.9% during the third quarter. Chesapeake Capital Corp IL now owns 31,858 shares of the company’s stock worth $2,533,000 after acquiring an additional 6,951 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH opened at $78.16 on Monday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $75.70 and a 12 month high of $79.54. The stock has a 50-day moving average price of $78.82 and a two-hundred day moving average price of $78.08.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2741 dividend. 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 positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.