Pinnacle Financial Partners Inc Has $3.73 Million Stake in Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Pinnacle Financial Partners Inc lowered its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,325 shares of the company’s stock after selling 12,224 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $3,728,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Caldwell Trust Co bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at $25,000. Aspect Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth about $28,000. Chapman Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $31,000. NewSquare Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $33,000. Finally, ORG Partners LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% in the 2nd quarter. ORG Partners LLC now owns 414 shares of the company’s stock valued at $34,000 after buying an additional 324 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.2%

VCIT stock opened at $83.78 on Friday. The stock’s 50 day simple moving average is $83.91 and its 200 day simple moving average is $83.64. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a dividend of $0.3223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, December 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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.