Phillips Financial Management LLC Reduces Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Phillips Financial Management LLC lowered its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 27.0% during the 4th quarter, HoldingsChannel reports. The fund owned 138,136 shares of the company’s stock after selling 50,976 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,323,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 909,750 shares of the company’s stock worth $67,986,000 after purchasing an additional 12,321 shares during the period. Tillman Hartley LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.0% during the 4th quarter. Tillman Hartley LLC now owns 139,885 shares of the company’s stock worth $10,454,000 after purchasing an additional 1,340 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 13.1% during the 4th quarter. Farther Finance Advisors LLC now owns 458,716 shares of the company’s stock worth $34,280,000 after purchasing an additional 53,017 shares during the period. Parkworth Wealth Management Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $6,443,000. Finally, EverSource Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 37.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 135,270 shares of the company’s stock valued at $10,109,000 after buying an additional 36,807 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $75.87 on Thursday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89. The firm has a 50-day moving average of $75.21 and a two-hundred day moving average of $76.13.

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 given a $0.2531 dividend. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 3rd.

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).