Truist Financial Corp Acquires 79,824 Shares of Vanguard Intermediate-Term Corporate Bond ETF $VCIT

Truist Financial Corp raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,107,860 shares of the company’s stock after purchasing an additional 79,824 shares during the period. Truist Financial Corp owned approximately 0.17% of Vanguard Intermediate-Term Corporate Bond ETF worth $93,182,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 67.6% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 23,827 shares of the company’s stock worth $2,004,000 after buying an additional 9,607 shares during the period. Cordant Inc. increased its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.8% in the third quarter. Cordant Inc. now owns 174,275 shares of the company’s stock valued at $14,658,000 after buying an additional 6,300 shares during the period. Bishop & Co Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 7.0% during the third quarter. Bishop & Co Investment Management LLC now owns 479,730 shares of the company’s stock worth $40,350,000 after acquiring an additional 31,395 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $10,304,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter worth approximately $935,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.91 on Thursday. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $78.66 and a fifty-two week high of $84.84. The company has a 50 day simple moving average of $83.93 and a two-hundred day simple moving average of $83.72.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.3223 per share. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.