Garden State Investment Advisory Services LLC Has $6.75 Million Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Garden State Investment Advisory Services LLC decreased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,359 shares of the company’s stock after selling 671 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for about 2.0% of Garden State Investment Advisory Services LLC’s portfolio, making the stock its 10th biggest position. Garden State Investment Advisory Services LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $6,745,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in VCSH. Keystone Financial Group Inc. bought a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $32,000. Bank of Jackson Hole Trust acquired a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth approximately $42,000. Sound Income Strategies LLC boosted its holdings in Vanguard Short-Term Corporate Bond ETF by 46.7% in the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after acquiring an additional 179 shares in the last quarter. Hurley Capital LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $51,000. Finally, ST Germain D J Co. Inc. increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 278.2% during the fourth quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock valued at $53,000 after acquiring an additional 498 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.1 %

Shares of NASDAQ:VCSH opened at $78.34 on Wednesday. The stock’s 50 day moving average is $78.53 and its 200-day moving average is $78.42. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.27 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.289 per share. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. This represents a $3.47 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend was Tuesday, April 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.