Powers Advisory Group LLC Has $9.94 Million Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Powers Advisory Group LLC lifted its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 8.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 124,622 shares of the company’s stock after acquiring an additional 9,738 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for about 3.7% of Powers Advisory Group LLC’s investment portfolio, making the stock its 7th largest holding. Powers Advisory Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $9,936,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Imprint Wealth LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth approximately $26,000. Versant Capital Management Inc bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth approximately $33,000. Greykasell Wealth Strategies Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth approximately $36,000. Newbridge Financial Services Group Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth approximately $37,000. Finally, Balentine LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth approximately $46,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ:VCSH opened at $79.24 on Thursday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $77.58 and a 52-week high of $80.26. The stock has a 50 day moving average price of $79.58 and a 200-day moving average price of $79.73.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

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

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.