Cadence Bank Raises Holdings in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Cadence Bank increased its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,500 shares of the company’s stock after acquiring an additional 4,762 shares during the period. Cadence Bank’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $2,330,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VCIT. Anfield Capital Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $29,000. NorthRock Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 54.1% in the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock worth $31,000 after acquiring an additional 132 shares during the period. Centennial Bank AR acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $33,000. Noble Wealth Management PBC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 1st quarter worth approximately $38,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $44,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT opened at $83.38 on Friday. The stock’s 50 day simple moving average is $82.56 and its 200 day simple moving average is $81.62. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-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, August 5th. Shareholders of record on Friday, August 1st were issued a dividend of $0.3408 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, August 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

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.