Saxony Capital Management LLC Reduces Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Saxony Capital Management LLC lessened its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,290 shares of the company’s stock after selling 324 shares during the quarter. Saxony Capital Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $413,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VCSH. JPMorgan Chase & Co. boosted its stake in 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 acquiring an additional 75,949 shares in the last quarter. Carlson Capital Management boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.3% during the third quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock worth $225,403,000 after buying an additional 90,699 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 4.3% during the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after buying an additional 111,503 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 5.4% during the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock worth $183,305,000 after buying an additional 117,998 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 3.3% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,156,665 shares of the company’s stock worth $168,241,000 after buying an additional 69,456 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1 %

Shares of VCSH opened at $78.46 on Friday. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $76.27 and a fifty-two week high of $79.54. The firm has a 50-day simple moving average of $78.20 and a 200-day simple moving average of $78.47.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.2798 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26.

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.