Forza Wealth Management LLC Grows Holdings in Vanguard Short-Term Corporate Bond ETF $VCSH

Forza Wealth Management LLC raised its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 19.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,176 shares of the company’s stock after purchasing an additional 7,365 shares during the quarter. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.3% of Forza Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Forza Wealth Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bayban bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the first quarter worth about $25,000. Imprint Wealth LLC purchased a new position in Vanguard Short-Term Corporate Bond ETF in the 3rd quarter worth about $26,000. Optima Capital LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $27,000. Camelot Portfolios LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the 4th quarter valued at about $27,000. Finally, Jessup Wealth Management Inc purchased a new stake in Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at about $30,000.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of VCSH stock opened at $78.69 on Friday. The company’s 50-day simple moving average is $78.90 and its two-hundred day simple moving average is $79.36. Vanguard Short-Term Corporate Bond ETF has a one year low of $78.54 and a one year high of $80.26.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2876 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.