Pointe Capital Management LLC Has $9.09 Million Holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Pointe Capital Management LLC lifted its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 117,541 shares of the company’s stock after purchasing an additional 834 shares during the period. Vanguard Short-Term Corporate Bond ETF comprises 6.3% of Pointe Capital Management LLC’s holdings, making the stock its 2nd biggest holding. Pointe Capital Management LLC’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $9,094,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VCSH. Meredith Wealth Planning boosted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 0.6% in the fourth quarter. Meredith Wealth Planning now owns 23,541 shares of the company’s stock worth $1,821,000 after buying an additional 135 shares during the period. Lodestar Private Asset Management LLC boosted its stake in Vanguard Short-Term Corporate Bond ETF by 5.3% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 2,861 shares of the company’s stock worth $215,000 after purchasing an additional 143 shares during the period. Freedom Wealth Alliance LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 3.4% during the 3rd quarter. Freedom Wealth Alliance LLC now owns 4,402 shares of the company’s stock worth $331,000 after purchasing an additional 146 shares in the last quarter. Wealthsource Partners LLC raised its stake in Vanguard Short-Term Corporate Bond ETF by 1.0% during the 4th quarter. Wealthsource Partners LLC now owns 16,063 shares of the company’s stock valued at $1,243,000 after purchasing an additional 160 shares during the period. Finally, Cadence Bank lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 2.6% in the third quarter. Cadence Bank now owns 6,415 shares of the company’s stock valued at $482,000 after purchasing an additional 165 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Up 0.3 %

Vanguard Short-Term Corporate Bond ETF stock traded up $0.22 during trading hours on Friday, hitting $76.93. The company had a trading volume of 2,713,259 shares, compared to its average volume of 4,722,133. The firm’s fifty day moving average is $76.90 and its 200-day moving average is $76.63. Vanguard Short-Term Corporate Bond ETF has a fifty-two week low of $74.43 and a fifty-two week high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.2492 per share. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend is Wednesday, May 1st.

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.