Elgethun Capital Management Acquires New Position in Vanguard Short-Term Corporate Bond ETF

Elgethun Capital Management has entered the fixed income market by purchasing 1,383 shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH), an investment representing a value of roughly $105,000. This strategic move occurred in the second quarter, signaling Elgethun Capital Management's interest in the short-term corporate bond sector.

Investor Activity in VCSH

The acquisition by Elgethun Capital Management is part of a broader trend of institutional investors adjusting their portfolios within the ETF. Addison Advisors LLC, Roffman Miller Associates Inc., Stonebridge Capital Advisors LLC, Bristlecone Advisors LLC, and 25 LLC are among the various institutional investors that have recently changed their stakes in VCSH, with purchases ranging from about $27,000 to $43,000.

Performance of Vanguard Short-Term Corporate Bond ETF

The ETF's shares have shown stability, with a slight uptick of 0.1% during recent trading, leading to a trading price of $75.90. VCSH maintains a steady stream of trading volume and showcases moderate fluctuations, as indicated by its short-term price movement around its 50-day and 200-day moving averages. The ETF has seen a low of $74.43 and a high of $76.68 over the past twelve months.

Dividend Increase for Shareholders

Vanguard Short-Term Corporate Bond ETF has also declared a dividend increase to shareholders. The recent dividend, paid on October 5th to those holding shares as of October 3rd, was $0.2147 per share, an increment over the previous dividend. The ex-dividend date was set for October 2nd.

About Vanguard Short-Term Corporate Bond ETF

The ETF comprises an assembly of investment-grade, fixed-rate corporate bonds with maturities ranging from one to five years. Vanguard, the fund manager, aims to provide a balance of income generation and limited price volatility, characteristics often sought after by short-term fixed income investors. VCSH was launched in 2009 and has been a popular choice for those looking to dip into the corporate bond market.

Accessing ETF Insights

For investors and analysts seeking detailed portfolio activities and insider trades of Vanguard Short-Term Corporate Bond ETF, services like HoldingsChannel.com offer the latest 13F filings. These insights can provide a deeper understanding of the market sentiments and fund allocations of hedge funds and institutional investors.

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