Forbes Financial Planning Inc. Increases Position in Vanguard Short-Term Corporate Bond ETF $VCSH

Forbes Financial Planning Inc. boosted its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.3% in the first quarter, HoldingsChannel.com reports. The firm owned 204,881 shares of the company’s stock after purchasing an additional 10,343 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises approximately 9.4% of Forbes Financial Planning Inc.’s investment portfolio, making the stock its 2nd biggest holding. Forbes Financial Planning Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $16,241,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Imprint Wealth LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth $26,000. Optima Capital LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at about $27,000. Camelot Portfolios LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $27,000. Jessup Wealth Management Inc acquired a new position in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Finally, Colonial Trust Advisors raised its position in Vanguard Short-Term Corporate Bond ETF by 412.4% in the fourth quarter. Colonial Trust Advisors now owns 456 shares of the company’s stock worth $36,000 after acquiring an additional 367 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCSH opened at $78.77 on Tuesday. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $78.60 and a twelve month high of $80.26. The firm has a 50-day moving average of $79.04 and a two-hundred day moving average of $79.44.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2965 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 4.5%. The ex-dividend date of this dividend was Monday, June 1st.

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.