Pinnacle Bancorp Inc. Has $1.45 Million Stock Holdings in Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH)

Pinnacle Bancorp Inc. lifted its stake in shares of Vanguard Short-Term Treasury Index ETF (NASDAQ:VGSH) by 15.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,047 shares of the company’s stock after purchasing an additional 3,348 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Short-Term Treasury Index ETF were worth $1,454,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Tennessee Valley Asset Management Partners bought a new stake in Vanguard Short-Term Treasury Index ETF in the 4th quarter valued at $26,000. Avior Wealth Management LLC lifted its stake in shares of Vanguard Short-Term Treasury Index ETF by 57.7% during the 4th quarter. Avior Wealth Management LLC now owns 522 shares of the company’s stock worth $30,000 after buying an additional 191 shares during the last quarter. TD Capital Management LLC bought a new stake in shares of Vanguard Short-Term Treasury Index ETF during the 4th quarter worth about $30,000. Jones Financial Companies Lllp acquired a new position in Vanguard Short-Term Treasury Index ETF in the 4th quarter valued at about $45,000. Finally, Fairman Group LLC bought a new position in Vanguard Short-Term Treasury Index ETF in the 4th quarter valued at about $50,000.

Vanguard Short-Term Treasury Index ETF Trading Up 0.0 %

VGSH stock traded up $0.01 during mid-day trading on Friday, hitting $57.99. 1,656,135 shares of the company were exchanged, compared to its average volume of 2,561,532. Vanguard Short-Term Treasury Index ETF has a 1-year low of $57.33 and a 1-year high of $58.57. The business has a 50 day simple moving average of $57.81 and a 200-day simple moving average of $58.00.

Vanguard Short-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were paid a $0.206 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Short-Term Treasury Index ETF’s previous monthly dividend of $0.20. This represents a $2.47 annualized dividend and a yield of 4.26%.

About Vanguard Short-Term Treasury Index ETF

Vanguard Short Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a short-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.