Silver Oak Advisory Group Inc. Trims Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Silver Oak Advisory Group Inc. decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 66,058 shares of the company’s stock after selling 6,103 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 2.6% of Silver Oak Advisory Group Inc.’s investment portfolio, making the stock its 11th largest position. Silver Oak Advisory Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,936,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BIV. Life Planning Partners Inc increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 7,045.4% in the fourth quarter. Life Planning Partners Inc now owns 1,677,246 shares of the company’s stock worth $125,341,000 after purchasing an additional 1,653,773 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $104,398,000. EP Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 38.5% in the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after acquiring an additional 844,917 shares during the period. BetterWealth LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $29,666,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 134.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 458,093 shares of the company’s stock valued at $34,453,000 after acquiring an additional 262,804 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $76.34 on Tuesday. The firm has a 50 day moving average of $75.16 and a 200-day moving average of $76.14. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).