Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 138,016 shares of the company’s stock after selling 26,543 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,778,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BIV. Guidance Capital Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 65.1% during the third quarter. Guidance Capital Inc. now owns 10,053 shares of the company’s stock worth $792,000 after buying an additional 3,964 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 797,278 shares of the company’s stock worth $62,259,000 after acquiring an additional 25,237 shares during the period. Smithfield Trust Co grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.6% in the 3rd quarter. Smithfield Trust Co now owns 220,249 shares of the company’s stock valued at $17,198,000 after purchasing an additional 1,320 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 60.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 719,394 shares of the company’s stock valued at $56,177,000 after purchasing an additional 270,685 shares during the last quarter. Finally, ForthRight Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the third quarter. ForthRight Wealth Management LLC now owns 272,765 shares of the company’s stock valued at $21,300,000 after purchasing an additional 8,245 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Up 0.3%

Shares of NYSEARCA BIV opened at $78.60 on Tuesday. The stock has a fifty day moving average price of $77.93 and a 200 day moving average price of $78.02. 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 company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.2738 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date 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.