HighTower Advisors LLC Has $39.29 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

HighTower Advisors LLC lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.9% during the third quarter, Holdings Channel.com reports. The firm owned 503,141 shares of the company’s stock after selling 20,170 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $39,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BIV. American Trust acquired a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $82,058,000. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after acquiring an additional 677,443 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after acquiring an additional 461,305 shares in the last quarter. Finally, TIAA Trust National Association grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 23.4% in the second quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after acquiring an additional 450,557 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.0%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $78.61 on Wednesday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91. The company has a 50-day simple moving average of $77.95 and a two-hundred day simple moving average of $78.03.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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). 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.