Pinnacle Financial Partners Inc Increases Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Pinnacle Financial Partners Inc increased its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 67.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 130,687 shares of the company’s stock after buying an additional 52,827 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $10,490,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Providence Capital Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at $25,000. Nvwm LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the fourth quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after purchasing an additional 149 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 50.7% in the fourth quarter. Sound Income Strategies LLC now owns 532 shares of the company’s stock valued at $43,000 after purchasing an additional 179 shares in the last quarter. Field & Main Bank purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $52,000. Finally, Hantz Financial Services Inc. purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $58,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.21 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $77.80 and a 52 week high of $84.25. The business has a 50-day simple moving average of $80.45 and a 200 day simple moving average of $81.71.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.3129 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.