Pinnacle Bancorp Inc. Raises Stock Position in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH)

Pinnacle Bancorp Inc. grew its holdings in Vanguard Short-Term Corporate Bond ETF (NASDAQ:VCSH) by 23.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,097 shares of the company’s stock after acquiring an additional 3,652 shares during the period. Pinnacle Bancorp Inc.’s holdings in Vanguard Short-Term Corporate Bond ETF were worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VCSH. JPMorgan Chase & Co. lifted its holdings in Vanguard Short-Term Corporate Bond ETF by 1.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,631,155 shares of the company’s stock worth $367,806,000 after purchasing an additional 75,949 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Vanguard Short-Term Corporate Bond ETF by 62.5% during the second quarter. Public Sector Pension Investment Board now owns 3,250,000 shares of the company’s stock valued at $251,144,000 after buying an additional 1,250,000 shares during the last quarter. Carlson Capital Management lifted its holdings in shares of Vanguard Short-Term Corporate Bond ETF by 3.3% in the third quarter. Carlson Capital Management now owns 2,838,109 shares of the company’s stock worth $225,403,000 after buying an additional 90,699 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Short-Term Corporate Bond ETF by 4.3% during the third quarter. LPL Financial LLC now owns 2,689,527 shares of the company’s stock worth $213,602,000 after acquiring an additional 111,503 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in Vanguard Short-Term Corporate Bond ETF by 5.4% during the third quarter. The Manufacturers Life Insurance Company now owns 2,308,044 shares of the company’s stock valued at $183,305,000 after acquiring an additional 117,998 shares in the last quarter.

Vanguard Short-Term Corporate Bond ETF Trading Up 0.4 %

Shares of NASDAQ VCSH opened at $78.07 on Thursday. Vanguard Short-Term Corporate Bond ETF has a 52-week low of $76.27 and a 52-week high of $79.54. The firm’s fifty day moving average is $78.19 and its two-hundred day moving average is $78.41.

Vanguard Short-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2798 dividend. This is a boost from Vanguard Short-Term Corporate Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Tuesday, December 24th.

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.