Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Purchased by Truist Financial Corp

Truist Financial Corp increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 11.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,233,840 shares of the company’s stock after buying an additional 125,980 shares during the quarter. Truist Financial Corp owned about 0.17% of Vanguard Intermediate-Term Corporate Bond ETF worth $103,334,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 7.7% in the 3rd quarter. Bank of America Corp DE now owns 82,297,228 shares of the company’s stock valued at $6,922,020,000 after acquiring an additional 5,909,857 shares during the period. Creative Planning raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the 3rd quarter. Creative Planning now owns 26,438,339 shares of the company’s stock valued at $2,223,729,000 after acquiring an additional 927,083 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,372,500 shares of the company’s stock worth $872,431,000 after acquiring an additional 286,124 shares during the period. Wealthfront Advisers LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the 4th quarter. Wealthfront Advisers LLC now owns 5,510,729 shares of the company’s stock worth $461,524,000 after acquiring an additional 449,017 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 10.3% in the 3rd quarter. Raymond James Financial Inc. now owns 4,620,873 shares of the company’s stock valued at $388,662,000 after purchasing an additional 431,590 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.37 on Tuesday. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $80.42 and a 12-month high of $84.84. The stock’s 50 day simple moving average is $83.22 and its 200-day simple moving average is $83.73.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be given a $0.3262 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, May 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company 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.