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

Truist Financial Corp lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 7.8% during the third quarter, Holdings Channel.com reports. The firm owned 1,107,860 shares of the company’s stock after acquiring an additional 79,824 shares during the period. Truist Financial Corp’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $93,182,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. TI Trust Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 3rd quarter. TI Trust Inc. now owns 3,226 shares of the company’s stock worth $271,000 after buying an additional 135 shares during the period. Leo Wealth LLC grew its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% in the second quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after acquiring an additional 143 shares during the period. Cedar Point Capital Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% during the third quarter. Cedar Point Capital Partners LLC now owns 4,159 shares of the company’s stock valued at $350,000 after acquiring an additional 145 shares in the last quarter. Stevens Capital Partners raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 5.2% during the third quarter. Stevens Capital Partners now owns 2,921 shares of the company’s stock worth $246,000 after purchasing an additional 145 shares during the period. Finally, Wallace Advisory Group LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.1% during the second quarter. Wallace Advisory Group LLC now owns 4,984 shares of the company’s stock worth $407,000 after purchasing an additional 149 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.1%

Shares of VCIT opened at $83.91 on Thursday. The business’s fifty day moving average is $83.93 and its 200 day moving average is $83.72. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

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

About Vanguard Intermediate-Term Corporate Bond ETF

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.