Jim Saulnier & Associates LLC Cuts Stake in Vanguard Intermediate-Term Bond ETF $BIV

Jim Saulnier & Associates LLC lessened its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,153 shares of the company’s stock after selling 7,440 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 1.7% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 12th biggest holding. Jim Saulnier & Associates LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,057,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

NYSEARCA BIV opened at $77.88 on Friday. The stock has a 50 day moving average price of $78.03 and a 200-day moving average price of $77.89. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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