Wealth Enhancement Advisory Services LLC Trims Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 25.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,497,010 shares of the company’s stock after selling 505,565 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.43% of Vanguard Intermediate-Term Bond ETF worth $116,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of BIV. Evolution Wealth Management Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth $26,000. Blue Trust Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after purchasing an additional 171 shares in the last quarter. First Community Trust NA bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Kelleher Financial Advisors bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $31,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $76.70 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-month high of $79.08. The firm’s 50 day moving average is $77.99 and its 200 day moving average is $78.12.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.2514 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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). 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.