Mariner LLC Buys 100,182 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Mariner LLC increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,753,513 shares of the company’s stock after acquiring an additional 100,182 shares during the period. Mariner LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $136,932,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after purchasing an additional 1,016,721 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after purchasing an additional 461,305 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after buying an additional 677,443 shares in the last quarter. True Link Financial Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.4% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock valued at $378,912,000 after buying an additional 289,758 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after buying an additional 74,818 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $77.45 on Tuesday. The business has a 50 day moving average of $78.04 and a 200 day moving average of $78.14. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.2514 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 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.