Patriot Investment Management Group Inc. Has $35.93 Million Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Patriot Investment Management Group Inc. increased its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 2.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 455,197 shares of the company’s stock after buying an additional 12,359 shares during the period. Vanguard Short-Term Corporate Bond ETF accounts for about 2.7% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 7th largest holding. Patriot Investment Management Group Inc. owned 0.10% of Vanguard Short-Term Corporate Bond ETF worth $35,933,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of VCSH. Transce3nd LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $32,000. Concourse Financial Group Securities Inc. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 156.3% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock valued at $35,000 after buying an additional 275 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $38,000. Bank of Jackson Hole Trust acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $42,000. Finally, Greenline Partners LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $42,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCSH opened at $78.97 on Friday. The firm has a 50 day moving average of $78.67 and a 200-day moving average of $78.48. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $76.92 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 Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a $0.297 dividend. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. This represents a $3.56 annualized dividend and a dividend yield of 4.51%.

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.