Penserra Capital Management LLC Sells 141,626 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Penserra Capital Management LLC cut its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 29.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,945 shares of the company’s stock after selling 141,626 shares during the period. Penserra Capital Management LLC owned about 0.10% of Vanguard Intermediate-Term Bond ETF worth $25,921,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of BIV. Wealthcare Advisory Partners LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.3% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 7,576 shares of the company’s stock valued at $586,000 after buying an additional 827 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 149,918 shares of the company’s stock worth $11,595,000 after acquiring an additional 1,796 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $250,000. Defined Financial Planning LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter valued at about $2,216,000. Finally, Hardy Reed LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% during the second quarter. Hardy Reed LLC now owns 63,198 shares of the company’s stock valued at $4,888,000 after purchasing an additional 2,263 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.0%

Shares of NYSEARCA:BIV opened at $77.53 on Wednesday. The company has a 50-day moving average price of $77.98 and a two-hundred day moving average price of $77.94. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a dividend of $0.2738 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Monday, February 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.