Proffitt & Goodson Inc. Has $38 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

by · The Cerbat Gem

Proffitt & Goodson Inc. increased its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH – Free Report) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 478,475 shares of the company’s stock after purchasing an additional 19,819 shares during the period. Vanguard Short-Term Corporate Bond ETF makes up about 6.2% of Proffitt & Goodson Inc.’s holdings, making the stock its 6th biggest position. Proffitt & Goodson Inc. owned 0.11% of Vanguard Short-Term Corporate Bond ETF worth $38,000,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Barings LLC grew its stake in shares of Vanguard Short-Term Corporate Bond ETF by 14,389.8% in the 1st quarter. Barings LLC now owns 5,108,527 shares of the company’s stock valued at $394,940,000 after buying an additional 5,073,271 shares during the period. Wulff Hansen & CO. raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 7,338.3% during the second quarter. Wulff Hansen & CO. now owns 1,470,543 shares of the company’s stock worth $113,644,000 after purchasing an additional 1,450,773 shares during the period. Public Sector Pension Investment Board raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 62.5% during the second quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock worth $251,144,000 after purchasing an additional 1,250,000 shares during the period. BlueSky Wealth Advisors LLC bought a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 2nd quarter worth $51,324,000. Finally, Nepc LLC grew its position in Vanguard Short-Term Corporate Bond ETF by 18.1% in the 1st quarter. Nepc LLC now owns 4,098,375 shares of the company’s stock valued at $316,845,000 after purchasing an additional 627,993 shares during the period.

Vanguard Short-Term Corporate Bond ETF Price Performance

NASDAQ:VCSH opened at $78.37 on Monday. The firm has a 50-day moving average of $78.90 and a 200-day moving average of $78.02. Vanguard Short-Term Corporate Bond ETF has a one year low of $75.10 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2741 dividend. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.29 annualized dividend and a dividend yield of 4.20%.

Vanguard Short-Term Corporate Bond ETF Company Profile

(Free Report)

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.

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