Cadence Bank Purchases Shares of 3,804 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) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,804 shares of the company’s stock, valued at approximately $319,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VCIT. Vanguard Group Inc. lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the 1st 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 during the last quarter. Comerica Bank lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 35.8% during the first quarter. Comerica Bank now owns 175,276 shares of the company’s stock valued at $14,111,000 after purchasing an additional 46,173 shares during the last quarter. Sanibel Captiva Trust Company Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 763.5% during the first quarter. Sanibel Captiva Trust Company Inc. now owns 39,894 shares of the company’s stock worth $3,212,000 after buying an additional 35,274 shares in the last quarter. Atria Investments Inc grew its position in Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the first quarter. Atria Investments Inc now owns 60,195 shares of the company’s stock worth $4,846,000 after buying an additional 732 shares during the last quarter. Finally, Dodds Wealth LLC grew its position 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 buying an additional 82,569 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.3 %

Shares of NASDAQ:VCIT opened at $81.81 on Thursday. The stock has a fifty day moving average of $82.16 and a 200-day moving average of $81.52. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $77.80 and a one year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently announced 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 represents a $3.80 annualized dividend and a dividend yield of 4.64%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st.

About Vanguard Intermediate-Term Corporate Bond ETF

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.