Kovack Advisors Inc. Has $1.70 Million Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Kovack Advisors Inc. cut its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,408 shares of the company’s stock after selling 368 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,700,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rothschild Investment LLC acquired a new position in shares of Vanguard Short-Term Corporate Bond ETF during the second quarter valued at about $31,000. Orion Capital Management LLC lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 99.1% during the 1st quarter. Orion Capital Management LLC now owns 422 shares of the company’s stock worth $33,000 after acquiring an additional 210 shares during the period. Tsfg LLC acquired a new stake in shares of Vanguard Short-Term Corporate Bond ETF during the 3rd quarter valued at about $40,000. Abich Financial Wealth Management LLC raised its position in Vanguard Short-Term Corporate Bond ETF by 1,028.6% in the first quarter. Abich Financial Wealth Management LLC now owns 553 shares of the company’s stock worth $43,000 after purchasing an additional 504 shares in the last quarter. Finally, ORG Partners LLC bought a new position in Vanguard Short-Term Corporate Bond ETF during the second quarter worth about $45,000.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.1 %

Shares of VCSH stock traded up $0.09 during trading hours on Wednesday, hitting $78.22. The company had a trading volume of 311,807 shares, compared to its average volume of 3,564,387. Vanguard Short-Term Corporate Bond ETF has a 12 month low of $75.51 and a 12 month high of $79.54. The firm’s fifty day moving average is $78.87 and its 200 day moving average is $78.05.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.2741 dividend. This represents a $3.29 annualized dividend and a yield of 4.21%. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.23.

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.