Nomura Asset Management Co. Ltd. Acquires Shares of 9,600 Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Nomura Asset Management Co. Ltd. bought a new position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) during the fourth quarter, Holdings Channel.com reports. The firm bought 9,600 shares of the company’s stock, valued at approximately $749,000.

Several other institutional investors also recently modified their holdings of the business. Keystone Financial Group Inc. purchased a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth $32,000. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth about $42,000. Sound Income Strategies LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock valued at $44,000 after buying an additional 179 shares during the period. ST Germain D J Co. Inc. increased its holdings in Vanguard Short-Term Corporate Bond ETF by 278.2% during the fourth quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock worth $53,000 after buying an additional 498 shares during the last quarter. Finally, Graney & King LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $53,000.

Vanguard Short-Term Corporate Bond ETF Price Performance

Vanguard Short-Term Corporate Bond ETF stock opened at $78.73 on Thursday. The firm has a 50 day moving average price of $78.53 and a 200-day moving average price of $78.49. Vanguard Short-Term Corporate Bond ETF has a twelve month low of $76.27 and a twelve month high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.289 per share. This represents a $3.47 annualized dividend and a yield of 4.40%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, April 1st.

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.