Truist Financial Corp Increases Stock Position in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Truist Financial Corp raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,237,676 shares of the company’s stock after buying an additional 43,453 shares during the period. Truist Financial Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $100,598,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VCIT. Cullen Frost Bankers Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 740.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 353 shares of the company’s stock valued at $27,000 after buying an additional 311 shares during the period. GHP Investment Advisors Inc. purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $29,000. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth about $32,000. Evolution Advisers Inc. bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $35,000. Finally, AdvisorNet Financial Inc increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 344.8% in the 4th quarter. AdvisorNet Financial Inc now owns 516 shares of the company’s stock worth $42,000 after acquiring an additional 400 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.2 %

NASDAQ:VCIT traded up $0.19 on Friday, reaching $78.41. 4,608,983 shares of the stock traded hands, compared to its average volume of 8,064,237. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.78 and a 12 month high of $81.65. The company’s fifty day simple moving average is $79.57 and its 200 day simple moving average is $78.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2944 per share. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Monday, April 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.