Pinnacle Financial Partners Inc Sells 12,224 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Pinnacle Financial Partners Inc lowered its position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 21.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,325 shares of the company’s stock after selling 12,224 shares during the period. 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.

A number of other large investors also recently made changes to their positions in the company. Caldwell Trust Co purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at about $25,000. Aspect Partners LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $28,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $31,000. NewSquare Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $33,000. Finally, ORG Partners LLC lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 360.0% during the second quarter. ORG Partners LLC now owns 414 shares of the company’s stock worth $34,000 after acquiring an additional 324 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock opened at $83.78 on Friday. The stock’s fifty day simple moving average is $83.91 and its two-hundred day simple moving average is $83.64. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors 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 yield of 4.6%. The ex-dividend date was Monday, December 1st.

Vanguard Intermediate-Term Corporate Bond ETF 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. 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.