Redmont Wealth Advisors LLC Has $2.95 Million Stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Redmont Wealth Advisors LLC grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,183 shares of the company’s stock after purchasing an additional 1,287 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up about 4.1% of Redmont Wealth Advisors LLC’s portfolio, making the stock its 5th biggest holding. Redmont Wealth Advisors LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $2,952,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Halpern Financial Inc. acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $26,000. Tidemark LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $27,000. Fortitude Family Office LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $30,000. Tennessee Valley Asset Management Partners purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at approximately $31,000. Finally, RE Dickinson Investment Advisors LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 300.0% during the 4th quarter. RE Dickinson Investment Advisors LLC now owns 436 shares of the company’s stock worth $33,000 after buying an additional 327 shares during the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.2 %

Shares of VCSH stock traded up $0.19 during trading hours on Wednesday, hitting $77.27. The company’s stock had a trading volume of 1,171,628 shares, compared to its average volume of 3,973,134. Vanguard Short-Term Corporate Bond ETF has a 12-month low of $74.43 and a 12-month high of $77.72. The company has a 50 day moving average of $77.02 and a 200 day moving average of $77.08.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a $0.2559 dividend. The ex-dividend date of this dividend is Monday, July 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.