Mader & Shannon Wealth Management Inc. Purchases 122,804 Shares of Vanguard Short-Term Corporate Bond ETF $VCSH

Mader & Shannon Wealth Management Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 122,804 shares of the company’s stock, valued at approximately $9,487,000. Vanguard Short-Term Corporate Bond ETF accounts for approximately 4.0% of Mader & Shannon Wealth Management Inc.’s portfolio, making the stock its 10th biggest holding.

Several other large investors also recently added to or reduced their stakes in the company. Pointe Capital Management LLC raised its holdings in Vanguard Short-Term Corporate Bond ETF by 14.0% during the 2nd quarter. Pointe Capital Management LLC now owns 166,242 shares of the company’s stock valued at $13,138,000 after acquiring an additional 20,359 shares during the period. Strategic Financial Services Inc. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 5.7% during the second quarter. Strategic Financial Services Inc. now owns 1,534,255 shares of the company’s stock worth $121,252,000 after acquiring an additional 83,106 shares in the last quarter. Ramsay Stattman Vela & Price Inc. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 119.7% during the second quarter. Ramsay Stattman Vela & Price Inc. now owns 84,444 shares of the company’s stock worth $6,674,000 after acquiring an additional 46,007 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 11.1% in the second quarter. Envestnet Asset Management Inc. now owns 8,215,438 shares of the company’s stock worth $649,266,000 after acquiring an additional 819,888 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 12.8% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,738,923 shares of the company’s stock worth $217,114,000 after acquiring an additional 309,827 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH traded down $0.08 during mid-day trading on Friday, hitting $77.80. The company had a trading volume of 6,115,756 shares, compared to its average volume of 5,258,682. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.89 and a 1 year high of $80.26. The stock’s 50-day moving average price is $77.62 and its 200-day moving average price is $78.75.

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.