Pinnacle Bancorp Inc. Acquires 722 Shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Pinnacle Bancorp Inc. grew its holdings in shares of Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 5.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,478 shares of the company’s stock after purchasing an additional 722 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,042,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in VCSH. Halpern Financial Inc. bought a new position in Vanguard Short-Term Corporate Bond ETF during the 4th quarter worth $26,000. Tidemark LLC acquired a new position in Vanguard Short-Term Corporate Bond ETF in the fourth quarter valued at about $27,000. Fortitude Family Office LLC bought a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Tennessee Valley Asset Management Partners acquired a new stake in Vanguard Short-Term Corporate Bond ETF during the fourth quarter worth about $31,000. Finally, RE Dickinson Investment Advisors LLC increased its holdings in Vanguard Short-Term Corporate Bond ETF by 300.0% in the 4th quarter. RE Dickinson Investment Advisors LLC now owns 436 shares of the company’s stock valued at $33,000 after buying an additional 327 shares during the period.

Vanguard Short-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Short-Term Corporate Bond ETF stock traded down $0.02 on Friday, reaching $77.28. 3,025,203 shares of the stock were exchanged, compared to its average volume of 4,025,417. The firm’s 50 day moving average is $77.01 and its 200-day moving average is $77.08. Vanguard Short-Term Corporate Bond ETF has a one year low of $74.43 and a one year high of $77.72.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.258 per share. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.25.

About Vanguard Short-Term Corporate Bond ETF

The Vanguard Short-Term Corporate Bond ETF (VCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade, fixed-rate corporate bonds with maturities between 1 and 5 years. VCSH was launched on Nov 19, 2009 and is managed by Vanguard.