Motco Lowers Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Motco lessened its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,450 shares of the company’s stock after selling 581 shares during the quarter. Motco’s holdings in Vanguard Intermediate-Term Bond ETF were worth $856,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Gordian Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.9% in the fourth quarter. Gordian Advisors LLC now owns 370,515 shares of the company’s stock worth $27,689,000 after acquiring an additional 20,689 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 15.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 205,211 shares of the company’s stock worth $15,335,000 after acquiring an additional 27,427 shares during the last quarter. Consilium Wealth Advisory LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at $6,374,000. Oppenheimer & Co. Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 10,527 shares of the company’s stock valued at $787,000 after acquiring an additional 195 shares during the last quarter. Finally, Kovack Advisors Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 8.0% in the 4th quarter. Kovack Advisors Inc. now owns 11,909 shares of the company’s stock worth $890,000 after purchasing an additional 882 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.26 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89. The business has a 50 day simple moving average of $74.94 and a two-hundred day simple moving average of $76.22.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2531 dividend. The ex-dividend date 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).