NavPoint Financial Inc. Purchases 1,923 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

NavPoint Financial Inc. raised its position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,871 shares of the company’s stock after buying an additional 1,923 shares during the quarter. Vanguard Short-Term Corporate Bond ETF comprises about 2.4% of NavPoint Financial Inc.’s portfolio, making the stock its 14th largest position. NavPoint Financial Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $3,384,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in Vanguard Short-Term Corporate Bond ETF by 18.0% in the 4th quarter. Bank of America Corp DE now owns 61,050,360 shares of the company’s stock valued at $4,762,539,000 after buying an additional 9,313,379 shares during the period. Envestnet Asset Management Inc. increased its holdings in Vanguard Short-Term Corporate Bond ETF by 12.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 8,142,250 shares of the company’s stock valued at $635,177,000 after buying an additional 874,756 shares during the period. Royal Bank of Canada boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.5% in the 4th quarter. Royal Bank of Canada now owns 5,568,019 shares of the company’s stock valued at $434,362,000 after purchasing an additional 28,507 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 6.2% in the 4th quarter. Vanguard Group Inc. now owns 5,431,628 shares of the company’s stock valued at $423,721,000 after purchasing an additional 317,430 shares in the last quarter. Finally, Barings LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 0.8% in the 4th quarter. Barings LLC now owns 5,149,957 shares of the company’s stock valued at $401,748,000 after purchasing an additional 41,430 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Stock Performance

VCSH opened at $78.59 on Friday. The company’s 50 day moving average is $78.66 and its 200-day moving average is $78.46. Vanguard Short-Term Corporate Bond ETF has a 1-year low of $76.91 and a 1-year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.297 dividend. This is an increase from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.28. This represents a $3.56 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend was Monday, June 2nd.

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.