Capital Group Private Client Services Inc. Has $7.99 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Capital Group Private Client Services Inc. boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,258 shares of the company’s stock after purchasing an additional 7,144 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,985,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Trust bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $82,058,000. Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. EP Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after acquiring an additional 677,443 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Intermediate-Term Bond ETF by 5.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after purchasing an additional 461,305 shares in the last quarter. Finally, BCM Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 50.2% in the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock worth $103,768,000 after purchasing an additional 439,920 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $78.16 on Tuesday. The firm has a 50-day moving average price of $78.09 and a two-hundred day moving average price of $78.14. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.2514 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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). 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.