Bay Harbor Wealth Management LLC Sells 1,070 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Bay Harbor Wealth Management LLC trimmed its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,994 shares of the company’s stock after selling 1,070 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 2.0% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Bay Harbor Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co bought a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $32,000. Armstrong Advisory Group Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares in the last quarter. Cedar Mountain Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3,887.5% during the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock valued at $72,000 after purchasing an additional 933 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 35.3% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after purchasing an additional 269 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

Shares of BIV stock opened at $74.87 on Tuesday. The stock’s fifty day simple moving average is $75.18 and its 200 day simple moving average is $76.35. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be given a dividend of $0.2531 per share. The ex-dividend date of this dividend is 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).