M3 Wealth Management LLC Purchases Shares of 13,923 Vanguard Short-Term Corporate Bond ETF $VCSH

M3 Wealth Management LLC purchased a new stake in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 13,923 shares of the company’s stock, valued at approximately $1,110,000.

A number of other hedge funds have also recently bought and sold shares of VCSH. Coyle Financial Counsel LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 12.8% during the 3rd quarter. Coyle Financial Counsel LLC now owns 291,741 shares of the company’s stock worth $23,319,000 after acquiring an additional 33,074 shares during the period. Goodman Financial Corp boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 8.1% during the 3rd quarter. Goodman Financial Corp now owns 361,738 shares of the company’s stock worth $28,914,000 after acquiring an additional 26,951 shares during the period. Florin Court Capital LLP boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 29.9% during the 3rd quarter. Florin Court Capital LLP now owns 93,804 shares of the company’s stock worth $7,498,000 after acquiring an additional 21,600 shares during the period. Capstone Capital LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 7.2% during the 4th quarter. Capstone Capital LLC now owns 150,484 shares of the company’s stock worth $11,998,000 after acquiring an additional 10,080 shares during the period. Finally, Kohmann Bosshard Financial Services LLC boosted its stake in shares of Vanguard Short-Term Corporate Bond ETF by 8.0% during the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 881,142 shares of the company’s stock worth $70,343,000 after acquiring an additional 65,449 shares during the period.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ VCSH opened at $79.04 on Wednesday. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $78.58 and a 12 month high of $80.26. The stock has a 50 day moving average of $79.13 and a 200-day moving average of $79.56.

Vanguard Short-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2906 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, 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.