Avantax Advisory Services Inc. Reduces Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Avantax Advisory Services Inc. reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 38.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 140,489 shares of the company’s stock after selling 87,958 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,499,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of BIV. Life Planning Partners Inc raised its position in Vanguard Intermediate-Term Bond ETF by 7,045.4% during the 4th quarter. Life Planning Partners Inc now owns 1,677,246 shares of the company’s stock valued at $125,341,000 after purchasing an additional 1,653,773 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $104,398,000. EP Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 38.5% during the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after acquiring an additional 844,917 shares in the last quarter. BetterWealth LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $29,666,000. Finally, Cornerstone Planning Group LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 134.6% in the fourth quarter. Cornerstone Planning Group LLC now owns 458,093 shares of the company’s stock valued at $34,453,000 after acquiring an additional 262,804 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $75.87 on Thursday. The firm has a fifty day simple moving average of $75.21 and a two-hundred day simple moving average of $76.13. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change 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).