Wealthspan Partners LLC significantly increased its investment in the Vanguard Short-Term Corporate Bond ETF (NASDAQ: VCSH) by 33.1% during the third quarter, as revealed in its recent filing with the Securities and Exchange Commission. The firm now holds 92,830 shares of the ETF after acquiring an additional 23,099 shares in the quarter, bringing the total value of its investment to approximately $7.42 million. This positions the Vanguard ETF as the seventh largest holding in Wealthspan’s portfolio, accounting for around 2.8% of their total investments.
Other institutional investors have also been active in adjusting their stakes in the Vanguard Short-Term Corporate Bond ETF. The Manufacturers Life Insurance Company made a notable move, increasing its holdings by 62.0% during the second quarter. They now possess 4,410,956 shares, valued at $350.67 million, following the purchase of an additional 1,688,808 shares.
Corient Private Wealth LLC doubled its investment, boosting its stake by 100.0% in the same quarter. They now own 4,254,070 shares, worth approximately $338.20 million, after acquiring an additional 2,127,325 shares. Similarly, Raymond James Financial Inc. increased its holdings by 4.2%, now owning 3,402,154 shares, valued at $270.47 million.
In the third quarter, Sequoia Financial Advisors LLC lifted its holdings by 5.0%, resulting in ownership of 3,312,431 shares worth $264.76 million. JPMorgan Chase & Co. made a substantial increase as well, raising its stake by 146.6% to own 2,974,971 shares, valued at $236.51 million.
Recent Performance of Vanguard Short-Term Corporate Bond ETF
On Tuesday, Vanguard Short-Term Corporate Bond ETF traded at $79.91, with a modest increase of $0.03. The trading volume reached 63,485 shares, significantly lower than its average of 5,175,298 shares. Over the past year, the ETF has seen fluctuations, with a low of $77.58 and a high of $80.15. The current 50-day moving average stands at $79.77, while the 200-day moving average is at $79.72.
The Vanguard Short-Term Corporate Bond ETF, launched on November 19, 2009, primarily invests in investment-grade fixed income. It tracks a market-weighted index of fixed-rate corporate bonds with maturities ranging from 1 to 5 years. Managed by Vanguard, this ETF has become a key choice for investors seeking stability and moderate returns in the corporate bond market.
For those interested in the latest trends in hedge fund activity and investments in VCSH, resources like HoldingsChannel.com provide up-to-date information on 13F filings and insider trades for Vanguard Short-Term Corporate Bond ETF.
