Summit Global Investments Cuts Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Summit Global Investments cut its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 10.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,533 shares of the company’s stock after selling 1,635 shares during the period. Summit Global Investments’ holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,075,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VCSH. Atomi Financial Group Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter worth $366,000. Concurrent Investment Advisors LLC lifted its stake in Vanguard Short-Term Corporate Bond ETF by 34.7% in the 1st quarter. Concurrent Investment Advisors LLC now owns 16,542 shares of the company’s stock worth $1,279,000 after purchasing an additional 4,258 shares in the last quarter. Pointe Capital Management LLC boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1.3% during the 1st quarter. Pointe Capital Management LLC now owns 119,118 shares of the company’s stock valued at $9,209,000 after purchasing an additional 1,577 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the first quarter valued at about $2,180,000. Finally, Addison Capital Co increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 128.5% in the first quarter. Addison Capital Co now owns 51,311 shares of the company’s stock worth $3,967,000 after purchasing an additional 28,855 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.0 %

NASDAQ:VCSH opened at $78.37 on Friday. The business’s 50-day moving average is $78.90 and its 200 day moving average is $78.01. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $75.10 and a 12 month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2741 per share. This represents a $3.29 annualized dividend and a dividend yield of 4.20%. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Friday, November 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.