Verus Wealth Management LLC Invests $1.43 Million in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Verus Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the 4th quarter, HoldingsChannel reports. The fund acquired 18,313 shares of the company’s stock, valued at approximately $1,429,000. Vanguard Short-Term Corporate Bond ETF makes up 1.6% of Verus Wealth Management LLC’s holdings, making the stock its 15th largest position.

Several other large investors also recently modified their holdings of VCSH. Millennium Management LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 61.9% during the 2nd quarter. Millennium Management LLC now owns 201,564 shares of the company’s stock worth $15,576,000 after purchasing an additional 77,089 shares during the period. Gateway Wealth Partners LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth $330,000. EP Wealth Advisors LLC raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 5.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 45,132 shares of the company’s stock worth $3,488,000 after purchasing an additional 2,145 shares during the period. Cetera Investment Advisers raised its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.4% during the 2nd quarter. Cetera Investment Advisers now owns 663,917 shares of the company’s stock worth $51,304,000 after purchasing an additional 2,328 shares during the period. Finally, Ariadne Wealth Management LP bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 2nd quarter worth $482,000.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.0 %

NASDAQ VCSH opened at $78.45 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.27 and a one year high of $79.54. The business’s fifty day moving average is $78.19 and its 200-day moving average is $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 paid a $0.2798 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Tuesday, December 24th.

Vanguard Short-Term Corporate Bond ETF Profile

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.