ForthRight Wealth Management LLC Has $21.30 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

ForthRight Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 272,765 shares of the company’s stock after acquiring an additional 8,245 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 6.2% of ForthRight Wealth Management LLC’s portfolio, making the stock its 7th largest holding. ForthRight Wealth Management LLC owned approximately 0.08% of Vanguard Intermediate-Term Bond ETF worth $21,300,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $26,000. Blue Trust Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. First Community Trust NA bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $30,000. Alpine Bank Wealth Management purchased a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $33,000. Finally, CNB Bank bought a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $45,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.3%

Shares of BIV opened at $78.60 on Friday. The business’s 50 day simple moving average is $77.92 and its 200-day simple moving average is $78.00. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.2738 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

Vanguard Intermediate-Term Bond ETF 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). 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.