Cadence Bank Makes New $319,000 Investment in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Cadence Bank purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 3,804 shares of the company’s stock, valued at approximately $319,000.

Several other large investors have also made changes to their positions in VCIT. Vanguard Group Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% during the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after acquiring an additional 286,685 shares in the last quarter. Comerica Bank increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 35.8% during the 1st quarter. Comerica Bank now owns 175,276 shares of the company’s stock worth $14,111,000 after purchasing an additional 46,173 shares during the last quarter. Sanibel Captiva Trust Company Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 763.5% during the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 39,894 shares of the company’s stock valued at $3,212,000 after purchasing an additional 35,274 shares in the last quarter. Atria Investments Inc lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the 1st quarter. Atria Investments Inc now owns 60,195 shares of the company’s stock valued at $4,846,000 after purchasing an additional 732 shares during the last quarter. Finally, Dodds Wealth LLC boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 18.9% in the first quarter. Dodds Wealth LLC now owns 520,088 shares of the company’s stock worth $41,872,000 after purchasing an additional 82,569 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.81 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25. The company’s fifty day moving average price is $82.16 and its two-hundred day moving average price is $81.52.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3166 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a dividend yield of 4.64%.

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.