BlackRock boosts reported stake to 10.1% of Pinnacle Financial Partners (PNFP) common stock
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 10.1% of Pinnacle Financial Partners, Inc.'s common stock, totaling 15,201,926 shares. The filing indicates BlackRock has sole voting power over 14,433,120 shares and sole dispositive power over all 15,201,926 shares. This amendment (No. 3) clarifies that while various clients have rights to dividends, no single client holds more than five percent of the outstanding common stock.
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