IMZ Advisory Inc Grows Stock Position in Vanguard Short-Term Corporate Bond ETF $VCSH

IMZ Advisory Inc boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 6.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 127,426 shares of the company’s stock after buying an additional 7,908 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises approximately 3.2% of IMZ Advisory Inc’s investment portfolio, making the stock its 9th largest holding. IMZ Advisory Inc’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $10,070,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Thrive Wealth Management LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 269.3% in the 2nd quarter. Thrive Wealth Management LLC now owns 10,064 shares of the company’s stock valued at $795,000 after purchasing an additional 7,339 shares during the last quarter. Chapin Davis Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF by 6.3% during the second quarter. Chapin Davis Inc. now owns 13,072 shares of the company’s stock worth $1,033,000 after buying an additional 774 shares during the last quarter. Foster Group Inc. raised its stake in Vanguard Short-Term Corporate Bond ETF by 1.1% during the second quarter. Foster Group Inc. now owns 37,007 shares of the company’s stock worth $2,925,000 after buying an additional 412 shares during the last quarter. Mechanics Bank Trust Department acquired a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at $1,274,000. Finally, DMKC Advisory Services LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the second quarter valued at $45,048,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock opened at $78.59 on Thursday. The stock has a 50 day simple moving average of $78.75 and a two-hundred day simple moving average of $79.20. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $78.36 and a fifty-two week high of $80.26.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were given a dividend of $0.299 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.