Meridian Wealth Management LLC Lowers Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Meridian Wealth Management LLC lowered its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,143 shares of the company’s stock after selling 842 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,655,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Lincoln National Corp boosted its position in Vanguard Intermediate-Term Bond ETF by 6.3% during the fourth quarter. Lincoln National Corp now owns 1,994,238 shares of the company’s stock worth $149,029,000 after purchasing an additional 117,562 shares in the last quarter. Silver Coast Investments LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 1.7% during the fourth quarter. Silver Coast Investments LLC now owns 223,904 shares of the company’s stock worth $16,732,000 after purchasing an additional 3,794 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $160,000. Jones Financial Companies Lllp boosted its position in Vanguard Intermediate-Term Bond ETF by 8.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,508,819 shares of the company’s stock worth $112,754,000 after purchasing an additional 112,638 shares in the last quarter. Finally, IFG Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 15.0% during the fourth quarter. IFG Advisors LLC now owns 73,068 shares of the company’s stock worth $5,460,000 after purchasing an additional 9,555 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.57 on Tuesday. The stock’s 50 day simple moving average is $75.00 and its 200-day simple moving average is $76.19. 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 company also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be given a $0.2531 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).