Pinnacle Financial Partners Inc. Raises Position in Vanguard Intermediate-Term Corporate Bond ETF (VCIT)

Pinnacle Financial Partners Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 26.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,056 shares of the company’s stock after buying an additional 19,417 shares during the quarter. Pinnacle Financial Partners Inc.’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $7,773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VCIT. BlackRock Inc. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 45.5% in the 1st quarter. BlackRock Inc. now owns 41,722 shares of the company’s stock valued at $3,540,000 after buying an additional 13,056 shares during the last quarter. Sei Investments Co. raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 158.8% in the 1st quarter. Sei Investments Co. now owns 3,884 shares of the company’s stock valued at $330,000 after buying an additional 2,383 shares during the last quarter. Curbstone Financial Management Corp bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $13,793,000. Cape Cod Five Cents Savings Bank bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at approximately $23,002,000. Finally, Boltwood Capital Management raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 15.0% in the 2nd quarter. Boltwood Capital Management now owns 28,261 shares of the company’s stock valued at $2,360,000 after buying an additional 3,683 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $82.56. 3,650 shares of the stock were exchanged, compared to its average volume of 1,263,036. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $82.36 and a 12 month high of $88.06.

The company also recently declared a monthly dividend, which was paid on Thursday, October 4th. Shareholders of record on Tuesday, October 2nd were issued a dividend of $0.248 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $2.98 annualized dividend and a yield of 3.60%.

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.

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

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