Redhawk Wealth Advisors Inc. Lowers Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Redhawk Wealth Advisors Inc. trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 19.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,582 shares of the company’s stock after selling 16,289 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,185,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 448,709 shares of the company’s stock worth $34,703,000 after purchasing an additional 21,898 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 61.8% in the second quarter. Franklin Resources Inc. now owns 5,284 shares of the company’s stock valued at $409,000 after buying an additional 2,019 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 44.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 8,759 shares of the company’s stock valued at $677,000 after buying an additional 2,688 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth about $523,000. Finally, Choreo LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 97.8% during the second quarter. Choreo LLC now owns 15,337 shares of the company’s stock worth $1,186,000 after buying an additional 7,584 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $76.52 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $79.08. The business’s 50-day moving average price is $77.87 and its 200 day moving average price is $78.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

About Vanguard Intermediate-Term Bond ETF

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.