Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) Stock Holdings Lessened by Chesapeake Wealth Management

Chesapeake Wealth Management cut its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 118,971 shares of the company’s stock after selling 8,790 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up 3.2% of Chesapeake Wealth Management’s investment portfolio, making the stock its 4th biggest holding. Chesapeake Wealth Management’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $9,449,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF during the third quarter worth about $29,000. Rothschild Investment LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth approximately $31,000. Tsfg LLC purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter worth approximately $40,000. Abich Financial Wealth Management LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the 1st quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock valued at $43,000 after buying an additional 504 shares during the period. Finally, ORG Partners LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at $45,000.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1 %

VCSH stock opened at $78.23 on Tuesday. The firm has a 50 day moving average of $78.80 and a 200-day moving average of $78.10. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.2741 per share. This represents a $3.29 dividend on an annualized basis and a yield of 4.20%. This is an increase 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.