ShankerValleau Wealth Advisors Inc. Has $19.38 Million Stock Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

ShankerValleau Wealth Advisors Inc. boosted its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.9% in the first quarter, Holdings Channel reports. The firm owned 245,514 shares of the company’s stock after purchasing an additional 2,254 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises about 6.3% of ShankerValleau Wealth Advisors Inc.’s holdings, making the stock its 5th biggest position. ShankerValleau Wealth Advisors Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $19,381,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Transce3nd LLC acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $32,000. Concourse Financial Group Securities Inc. lifted its stake in Vanguard Short-Term Corporate Bond ETF by 156.3% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 451 shares of the company’s stock valued at $35,000 after acquiring an additional 275 shares during the last quarter. Vermillion Wealth Management Inc. acquired a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at $38,000. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $42,000. Finally, Greenline Partners LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth about $42,000.

Vanguard Short-Term Corporate Bond ETF Stock Down 0.2%

Shares of VCSH stock opened at $78.84 on Friday. The company has a 50-day simple moving average of $78.68 and a 200 day simple moving average of $78.48. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.92 and a 52 week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a dividend of $0.297 per share. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. The ex-dividend date was Monday, June 2nd. This represents a $3.56 annualized dividend and a dividend yield of 4.52%.

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.