Pinnacle Financial Partners Inc Has $6.13 Million Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Pinnacle Financial Partners Inc boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,925 shares of the company’s stock after purchasing an additional 7,203 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,132,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Redwood Investment Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock worth $385,000 after purchasing an additional 146 shares in the last quarter. TSA Wealth Managment LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock worth $681,000 after purchasing an additional 147 shares in the last quarter. Barrett & Company Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 2.4% in the 3rd quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock worth $516,000 after purchasing an additional 153 shares in the last quarter. HF Advisory Group LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 5.6% in the 4th quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock worth $222,000 after purchasing an additional 157 shares in the last quarter. Finally, Outlook Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 1.5% in the 4th quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after purchasing an additional 161 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.59 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The company has a 50-day simple moving average of $74.86 and a two-hundred day simple moving average of $76.24.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

Vanguard Intermediate-Term Bond ETF Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index).