Genesis Wealth Advisors LLC Makes New $215,000 Investment in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Genesis Wealth Advisors LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 2,753 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the third quarter worth $29,000. Keystone Financial Group Inc. acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $32,000. Bank of Jackson Hole Trust acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter valued at $42,000. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock valued at $44,000 after acquiring an additional 179 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 823.8% during the third quarter. Venturi Wealth Management LLC now owns 582 shares of the company’s stock valued at $46,000 after acquiring an additional 519 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

Shares of VCSH opened at $78.51 on Monday. Vanguard Short-Term Corporate Bond ETF has a 1 year low of $76.27 and a 1 year high of $79.54. The firm has a fifty day moving average of $78.15 and a 200-day moving average of $78.51.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2813 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Monday, February 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.