Forum Private Client Group LLC Purchases 7,332 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Forum Private Client Group LLC increased its position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 24.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,372 shares of the company’s stock after buying an additional 7,332 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.3% of Forum Private Client Group LLC’s investment portfolio, making the stock its 22nd biggest position. Forum Private Client Group LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,915,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 12.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after purchasing an additional 874,756 shares during the period. Vanguard Group Inc. increased its position in Vanguard Short-Term Corporate Bond ETF by 6.2% during the fourth quarter. Vanguard Group Inc. now owns 5,431,628 shares of the company’s stock worth $423,721,000 after buying an additional 317,430 shares during the last quarter. Barings LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 0.8% in the fourth quarter. Barings LLC now owns 5,149,957 shares of the company’s stock valued at $401,748,000 after buying an additional 41,430 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Vanguard Short-Term Corporate Bond ETF by 1.7% in the third quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock valued at $367,806,000 after buying an additional 75,949 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $257,541,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $78.83 on Friday. The stock’s fifty day simple moving average is $78.55 and its 200 day simple moving average is $78.48. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.27 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.289 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.47 annualized dividend and a dividend yield of 4.40%.

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.