Truist Financial Corp Acquires 43,453 Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Truist Financial Corp raised its holdings 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 SEC. The fund owned 1,237,676 shares of the company’s stock after acquiring an additional 43,453 shares during the period. Truist Financial Corp owned approximately 0.22% of Vanguard Intermediate-Term Corporate Bond ETF worth $100,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Divergent Planning LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.3% during the 4th quarter. Divergent Planning LLC now owns 238,968 shares of the company’s stock valued at $19,323,000 after acquiring an additional 7,577 shares during the last quarter. Redmont Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 24.1% during the 4th quarter. Redmont Wealth Advisors LLC now owns 27,618 shares of the company’s stock valued at $2,245,000 after acquiring an additional 5,368 shares during the last quarter. Evergreen Advisors LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% in the 3rd quarter. Evergreen Advisors LLC now owns 420,429 shares of the company’s stock valued at $31,944,000 after buying an additional 8,866 shares in the last quarter. Total Clarity Wealth Management Inc. bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at $316,000. Finally, Greenwich Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.2% in the 4th quarter. Greenwich Wealth Management LLC now owns 23,467 shares of the company’s stock valued at $1,907,000 after buying an additional 275 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT traded up $0.19 during trading hours on Friday, reaching $78.41. The stock had a trading volume of 4,608,983 shares, compared to its average volume of 8,064,237. Vanguard Intermediate-Term Corporate Bond ETF has a 52 week low of $73.78 and a 52 week high of $81.65. The firm has a 50-day moving average of $79.57 and a 200 day moving average of $78.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.2944 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.28.

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.