Professional Advisory Services Inc. Sells 8,123 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Professional Advisory Services Inc. lessened its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 9.4% in the second quarter, Holdings Channel.com reports. The fund owned 77,950 shares of the company’s stock after selling 8,123 shares during the quarter. Professional Advisory Services Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,160,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of Vanguard Short-Term Corporate Bond ETF by 6.1% during the 1st quarter. Bank of America Corp DE now owns 75,626,302 shares of the company’s stock worth $5,994,897,000 after buying an additional 4,376,524 shares during the period. Morgan Stanley boosted its stake in Vanguard Short-Term Corporate Bond ETF by 1.4% during the 4th quarter. Morgan Stanley now owns 19,425,956 shares of the company’s stock worth $1,548,832,000 after acquiring an additional 260,009 shares during the last quarter. Prudential PLC grew its holdings in Vanguard Short-Term Corporate Bond ETF by 8.6% during the fourth quarter. Prudential PLC now owns 13,488,580 shares of the company’s stock valued at $1,075,444,000 after purchasing an additional 1,063,112 shares during the period. Nepc LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 15.0% in the fourth quarter. Nepc LLC now owns 5,763,304 shares of the company’s stock valued at $459,508,000 after purchasing an additional 752,893 shares in the last quarter. Finally, UBS Group AG increased its stake in 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 purchasing an additional 67,797 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.2%

VCSH opened at $78.61 on Friday. The firm’s fifty day moving average is $78.73 and its two-hundred day moving average is $79.19. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.36 and a twelve month high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.299 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, August 3rd.

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.