Members Trust Co Purchases Shares of 9,250 Vanguard Intermediate-Term Bond ETF $BIV

Members Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,250 shares of the company’s stock, valued at approximately $722,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. First Horizon Corp bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $1,471,000. Clarity Wealth Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 18.2% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock valued at $8,903,000 after purchasing an additional 17,562 shares during the period. First Merchants Corp increased its stake in Vanguard Intermediate-Term Bond ETF by 3.3% during the 3rd quarter. First Merchants Corp now owns 289,280 shares of the company’s stock valued at $22,590,000 after purchasing an additional 9,107 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 12.5% during the third quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock worth $6,471,000 after buying an additional 9,177 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the third quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock valued at $1,562,000 after buying an additional 10,596 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $77.45 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08. The firm has a 50-day moving average of $78.04 and a 200-day moving average of $78.14.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.2514 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.