Garden State Investment Advisory Services LLC Acquires 171 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Garden State Investment Advisory Services LLC grew its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,030 shares of the company’s stock after purchasing an additional 171 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up approximately 2.1% of Garden State Investment Advisory Services LLC’s investment portfolio, making the stock its 11th largest holding. Garden State Investment Advisory Services LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,920,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter worth about $29,000. Rothschild Investment LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at $31,000. Tsfg LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth approximately $40,000. ORG Partners LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth about $45,000. Finally, Venturi Wealth Management LLC lifted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 823.8% in the third quarter. Venturi Wealth Management LLC now owns 582 shares of the company’s stock valued at $46,000 after buying an additional 519 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH traded down $0.05 during midday trading on Friday, reaching $78.40. The company’s stock had a trading volume of 155,150 shares, compared to its average volume of 3,605,992. The firm has a 50 day moving average price of $78.47 and a 200-day moving average price of $78.26. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $76.27 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.2741 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.29 annualized dividend and a dividend yield of 4.20%. 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.