Mesirow Financial Investment Management Inc. Acquires 338,692 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Mesirow Financial Investment Management Inc. grew its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 107.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 652,848 shares of the company’s stock after purchasing an additional 338,692 shares during the quarter. Vanguard Short-Term Corporate Bond ETF makes up 1.0% of Mesirow Financial Investment Management Inc.’s holdings, making the stock its 21st largest holding. Mesirow Financial Investment Management Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $51,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Rothschild Investment LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the second quarter worth $31,000. Orion Capital Management LLC increased its stake in shares of Vanguard Short-Term Corporate Bond ETF by 99.1% during the 1st quarter. Orion Capital Management LLC now owns 422 shares of the company’s stock worth $33,000 after purchasing an additional 210 shares during the last quarter. Tsfg LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter valued at about $40,000. Abich Financial Wealth Management LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the 1st quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock valued at $43,000 after purchasing an additional 504 shares during the last quarter. Finally, ORG Partners LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the second quarter worth about $45,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH opened at $78.37 on Friday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $75.10 and a twelve month high of $79.54. The business’s 50 day moving average price is $78.90 and its two-hundred day moving average price is $78.01.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2741 per share. 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. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.20%.

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.