Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by Hanover Advisors Inc.

Hanover Advisors Inc. reduced its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,964 shares of the company’s stock after selling 10,522 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 3.7% of Hanover Advisors Inc.’s investment portfolio, making the stock its 6th biggest holding. Hanover Advisors Inc. owned 0.05% of Vanguard Intermediate-Term Bond ETF worth $8,815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BIV. Blue Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after buying an additional 189 shares during the period. Nisa Investment Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 2.7% during the third quarter. Nisa Investment Advisors LLC now owns 9,280 shares of the company’s stock valued at $727,000 after purchasing an additional 245 shares during the period. Diversify Advisory Services LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 59.0% during the third quarter. Diversify Advisory Services LLC now owns 4,296 shares of the company’s stock valued at $328,000 after purchasing an additional 1,594 shares during the period. JFS Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 1,958.1% during the third quarter. JFS Wealth Advisors LLC now owns 16,012 shares of the company’s stock valued at $1,255,000 after purchasing an additional 15,234 shares during the period. Finally, US Bancorp DE lifted its position in Vanguard Intermediate-Term Bond ETF by 0.6% during the third quarter. US Bancorp DE now owns 922,588 shares of the company’s stock valued at $72,303,000 after purchasing an additional 5,244 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.59 on Friday. The company has a fifty day moving average of $74.97 and a 200 day moving average of $76.22. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a dividend of $0.2531 per share. The ex-dividend date is Monday, March 3rd. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).