Motco Sells 581 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Motco reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,450 shares of the company’s stock after selling 581 shares during the period. Motco’s holdings in Vanguard Intermediate-Term Bond ETF were worth $856,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Montag A & Associates Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% during the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 201 shares during the last quarter. Blue Trust Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares in the last quarter. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth $32,000. Newbridge Financial Services Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at $45,000. Finally, Financial Connections Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after buying an additional 165 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

NYSEARCA:BIV opened at $76.26 on Friday. The firm’s 50-day moving average price is $74.94 and its 200-day moving average price is $76.22. 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 business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.2531 dividend. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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).