Poplar Forest Capital LLC Decreases Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Poplar Forest Capital LLC lowered its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,794 shares of the company’s stock after selling 2,363 shares during the quarter. Poplar Forest Capital LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $881,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of BIV. Evergreen Wealth Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 2.8% in the 4th quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock valued at $5,357,000 after acquiring an additional 1,943 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in Vanguard Intermediate-Term Bond ETF by 58.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after acquiring an additional 2,408 shares during the last quarter. Brookstone Capital Management grew its position in Vanguard Intermediate-Term Bond ETF by 12.1% in the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after acquiring an additional 13,651 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Bond ETF by 53.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after acquiring an additional 143,861 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in Vanguard Intermediate-Term Bond ETF by 52.4% in the 4th quarter. Park Avenue Securities LLC now owns 14,838 shares of the company’s stock valued at $1,109,000 after acquiring an additional 5,102 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.4 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.59 on Friday. The stock’s fifty day moving average is $74.97 and its two-hundred day moving average is $76.22. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given a $0.2531 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

About Vanguard Intermediate-Term Bond ETF

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).