Reicon Wealth Advisors LLC Invests $606,000 in Vanguard Short-Term Corporate Bond ETF $VCSH

Reicon Wealth Advisors LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 7,595 shares of the company’s stock, valued at approximately $606,000. Vanguard Short-Term Corporate Bond ETF comprises approximately 0.4% of Reicon Wealth Advisors LLC’s holdings, making the stock its 15th largest holding.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 8.1% in the third quarter. Bank of America Corp DE now owns 69,198,328 shares of the company’s stock valued at $5,531,022,000 after acquiring an additional 5,170,864 shares in the last quarter. UBS Group AG raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% in the fourth quarter. UBS Group AG now owns 5,363,895 shares of the company’s stock valued at $427,663,000 after acquiring an additional 67,797 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 100.0% in the second quarter. Corient Private Wealth LLC now owns 4,254,070 shares of the company’s stock valued at $338,199,000 after acquiring an additional 2,127,325 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 7.1% in the third quarter. Raymond James Financial Inc. now owns 3,642,355 shares of the company’s stock valued at $291,133,000 after acquiring an additional 240,201 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 5.0% in the third quarter. Sequoia Financial Advisors LLC now owns 3,312,431 shares of the company’s stock valued at $264,763,000 after acquiring an additional 158,367 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock traded up $0.07 on Thursday, hitting $79.24. The stock had a trading volume of 459,406 shares, compared to its average volume of 5,547,382. The business has a 50 day moving average price of $79.41 and a 200 day moving average price of $79.68. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.46 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a $0.297 dividend. The ex-dividend date was Wednesday, April 1st. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.