Johns Hopkins University Reduces Holdings in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Johns Hopkins University lowered its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 20.3% in the second quarter, HoldingsChannel reports. The firm owned 4,687,473 shares of the company’s stock after selling 1,195,427 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF makes up 15.0% of Johns Hopkins University’s portfolio, making the stock its 4th largest position. Johns Hopkins University’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $374,670,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. DDFG Inc increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.5% in the fourth quarter. DDFG Inc now owns 19,617 shares of the company’s stock valued at $1,594,000 after purchasing an additional 298 shares during the last quarter. Beacon Pointe Advisors LLC raised its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 122.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 31,364 shares of the company’s stock valued at $2,549,000 after acquiring an additional 17,279 shares during the period. Level Four Advisory Services LLC lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 147.5% during the fourth quarter. Level Four Advisory Services LLC now owns 24,237 shares of the company’s stock worth $1,970,000 after acquiring an additional 14,443 shares during the last quarter. Independent Advisor Alliance boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 109.1% during the fourth quarter. Independent Advisor Alliance now owns 7,243 shares of the company’s stock worth $570,000 after acquiring an additional 3,779 shares during the period. Finally, Brown Advisory Inc. grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 29.9% in the fourth quarter. Brown Advisory Inc. now owns 7,276 shares of the company’s stock valued at $591,000 after purchasing an additional 1,676 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $83.82 on Monday. The stock has a 50 day simple moving average of $82.06 and a 200 day simple moving average of $80.48. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $73.78 and a 1-year high of $83.96.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.301 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.