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

Pinnacle Financial Partners Inc lifted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 67.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,687 shares of the company’s stock after acquiring 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Trustmark National Bank Trust Department grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.9% during the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock valued at $1,198,000 after purchasing an additional 134 shares during the period. Geneos Wealth Management Inc. grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after purchasing an additional 138 shares during the period. Kingsview Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the third quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after purchasing an additional 139 shares during the period. Capital Investment Advisors LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the fourth quarter. Capital Investment Advisors LLC now owns 3,307 shares of the company’s stock valued at $265,000 after purchasing an additional 144 shares during the period. Finally, Stablepoint Partners LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.7% during the fourth quarter. Stablepoint Partners LLC now owns 5,448 shares of the company’s stock valued at $437,000 after purchasing an additional 144 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCIT opened at $81.21 on Friday. The stock has a fifty day simple moving average of $80.45 and a two-hundred day simple moving average of $81.71. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3129 per share. This is a positive change 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 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.