Franklin Resources Inc. Purchases 14,283 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Franklin Resources Inc. lifted its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 451,876 shares of the company’s stock after purchasing an additional 14,283 shares during the quarter. Franklin Resources Inc. owned 0.10% of Vanguard Short-Term Corporate Bond ETF worth $35,251,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VCSH. Keystone Financial Group Inc. purchased a new position in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter worth $32,000. Bank of Jackson Hole Trust purchased a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter worth about $42,000. Sound Income Strategies LLC increased its stake in Vanguard Short-Term Corporate Bond ETF by 46.7% during the fourth quarter. Sound Income Strategies LLC now owns 562 shares of the company’s stock worth $44,000 after acquiring an additional 179 shares during the last quarter. ST Germain D J Co. Inc. raised its position in Vanguard Short-Term Corporate Bond ETF by 278.2% during the fourth quarter. ST Germain D J Co. Inc. now owns 677 shares of the company’s stock valued at $53,000 after purchasing an additional 498 shares during the period. Finally, Graney & King LLC bought a new stake in shares of Vanguard Short-Term Corporate Bond ETF in the 4th quarter valued at approximately $53,000.

Vanguard Short-Term Corporate Bond ETF Trading Down 0.2 %

Shares of Vanguard Short-Term Corporate Bond ETF stock opened at $78.83 on Friday. The stock has a 50 day moving average price of $78.55 and a 200-day moving average price of $78.48. Vanguard Short-Term Corporate Bond ETF has a one year low of $76.27 and a one year high of $79.54.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.289 per share. This represents a $3.47 annualized dividend and a yield of 4.40%. This is a positive change from Vanguard Short-Term Corporate Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Tuesday, April 1st.

Vanguard Short-Term Corporate Bond ETF Company Profile

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.