Horizon Investment Services LLC Buys 22,743 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Horizon Investment Services LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 12.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 202,098 shares of the company’s stock after purchasing an additional 22,743 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 5.8% of Horizon Investment Services LLC’s portfolio, making the stock its 2nd largest position. Horizon Investment Services LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $16,113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in Vanguard Short-Term Corporate Bond ETF by 8.1% in the 3rd 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 during the period. Morgan Stanley increased its position in Vanguard Short-Term Corporate Bond ETF by 1.4% in the 4th quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock valued at $1,548,832,000 after acquiring an additional 260,009 shares during the period. Prudential PLC increased its position in Vanguard Short-Term Corporate Bond ETF by 8.6% in the 4th quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock valued at $1,075,444,000 after acquiring an additional 1,063,112 shares during the period. UBS Group AG increased its position in Vanguard Short-Term Corporate Bond ETF by 1.3% in the 4th 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 during the period. Finally, Corient Private Wealth LLC increased its position in Vanguard Short-Term Corporate Bond ETF by 100.0% in the 2nd 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 during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock opened at $78.91 on Friday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $78.60 and a 52-week high of $80.26. The stock’s 50-day moving average price is $79.07 and its 200 day moving average price is $79.49.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.2965 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, June 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29.

About Vanguard Short-Term Corporate Bond ETF

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.