Latko Wealth Management Ltd. Sells 1,175 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Latko Wealth Management Ltd. reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,401 shares of the company’s stock after selling 1,175 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 0.4% of Latko Wealth Management Ltd.’s investment portfolio, making the stock its 21st biggest position. Latko Wealth Management Ltd.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $628,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wealthcare Advisory Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 58.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after buying an additional 2,408 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $618,000. Brookstone Capital Management boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after buying an additional 13,651 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after buying an additional 143,861 shares during the period. Finally, Gemmer Asset Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.5% in the third quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after buying an additional 3,133 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4 %

Shares of BIV stock opened at $75.32 on Friday. The stock has a 50 day simple moving average of $74.97 and a 200 day simple moving average of $76.30. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2531 per share. 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 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).