True Link Financial Advisors LLC Has $378.91 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

True Link Financial Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,852,251 shares of the company’s stock after purchasing an additional 289,758 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 24.4% of True Link Financial Advisors LLC’s portfolio, making the stock its largest position. True Link Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $378,912,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cibc World Market Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.9% in the 3rd quarter. Cibc World Market Inc. now owns 14,682 shares of the company’s stock valued at $1,147,000 after acquiring an additional 407 shares in the last quarter. Magnolia Private Wealth LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $469,000. Stratos Wealth Partners LTD. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.8% in the third quarter. Stratos Wealth Partners LTD. now owns 6,350 shares of the company’s stock valued at $496,000 after buying an additional 346 shares in the last quarter. Stratos Wealth Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 64.3% during the third quarter. Stratos Wealth Advisors LLC now owns 19,807 shares of the company’s stock worth $1,547,000 after buying an additional 7,752 shares during the last quarter. Finally, BridgePort Financial Solutions LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth $486,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2%

Shares of BIV stock opened at $77.98 on Thursday. The company has a fifty day moving average price of $77.90 and a two-hundred day moving average price of $77.98. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2738 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend 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.