Titleist Asset Management LLC Trims Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Titleist Asset Management LLC lowered its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,302 shares of the company’s stock after selling 2,430 shares during the period. Titleist Asset Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,818,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $257,541,000. Janney Montgomery Scott LLC grew its stake in Vanguard Short-Term Corporate Bond ETF by 71.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock worth $164,142,000 after acquiring an additional 878,823 shares during the period. Envestnet Asset Management Inc. raised its holdings in Vanguard Short-Term Corporate Bond ETF by 12.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after acquiring an additional 874,756 shares during the last quarter. Quantum Financial Planning Services Inc. acquired a new position in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at $56,639,000. Finally, WestEnd Advisors LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 95.5% during the 4th quarter. WestEnd Advisors LLC now owns 1,390,964 shares of the company’s stock worth $108,509,000 after purchasing an additional 679,632 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2 %

Shares of NASDAQ:VCSH opened at $78.83 on Friday. The business has a fifty day simple moving average of $78.55 and a 200-day simple moving average of $78.48. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.27 and a 52 week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a $0.289 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.47 annualized dividend and a yield of 4.40%.

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.