Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stake Cut by Diversified Portfolios Inc.

Diversified Portfolios Inc. decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 28.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 97,098 shares of the company’s stock after selling 39,329 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,256,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BIV. Financial Connections Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after buying an additional 165 shares during the last quarter. MeadowBrook Investment Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $136,000. TFB Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 57.1% during the fourth quarter. TFB Advisors LLC now owns 4,595 shares of the company’s stock valued at $343,000 after purchasing an additional 1,671 shares during the last quarter. Shade Tree Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $1,439,000. Finally, MADDEN SECURITIES Corp boosted its position in Vanguard Intermediate-Term Bond ETF by 7.5% during the 4th quarter. MADDEN SECURITIES Corp now owns 4,930 shares of the company’s stock valued at $368,000 after purchasing an additional 343 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $75.01 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The stock has a fifty day moving average price of $75.05 and a 200 day moving average price of $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

Vanguard Intermediate-Term Bond ETF Company Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index).