Verus Wealth Management LLC Acquires New Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Verus Wealth Management LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 18,313 shares of the company’s stock, valued at approximately $1,429,000. Vanguard Short-Term Corporate Bond ETF accounts for approximately 1.6% of Verus Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other institutional investors have also recently bought and sold shares of VCSH. Janney Montgomery Scott LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 71.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,104,110 shares of the company’s stock valued at $164,142,000 after purchasing an additional 878,823 shares during the period. Benjamin Edwards Inc. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 571.1% in the third quarter. Benjamin Edwards Inc. now owns 545,713 shares of the company’s stock valued at $43,340,000 after purchasing an additional 464,400 shares during the period. Aptus Capital Advisors LLC raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 3,013.2% in the third quarter. Aptus Capital Advisors LLC now owns 416,637 shares of the company’s stock valued at $33,089,000 after purchasing an additional 403,254 shares during the period. National Bank of Canada FI raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 403.8% in the third quarter. National Bank of Canada FI now owns 500,828 shares of the company’s stock valued at $39,776,000 after purchasing an additional 401,420 shares during the period. Finally, Mesirow Financial Investment Management Inc. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 107.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 652,848 shares of the company’s stock valued at $51,851,000 after purchasing an additional 338,692 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH stock opened at $78.45 on Wednesday. The company’s 50-day simple moving average is $78.19 and its 200 day simple moving average is $78.47. Vanguard Short-Term Corporate Bond ETF has a 52 week low of $76.27 and a 52 week high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2798 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26.

Vanguard Short-Term Corporate Bond ETF Company 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.