United Community Bank Trims Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

United Community Bank decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 31.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,214 shares of the company’s stock after selling 1,035 shares during the quarter. United Community Bank’s holdings in Vanguard Intermediate-Term Bond ETF were worth $165,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BIV. Evergreen Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 2.8% during the 4th quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock worth $5,357,000 after buying an additional 1,943 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 58.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after purchasing an additional 2,408 shares during the period. Brookstone Capital Management increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.1% during the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock worth $9,425,000 after acquiring an additional 13,651 shares during the period. JPMorgan Chase & Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after acquiring an additional 143,861 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 52.4% in the 4th quarter. Park Avenue Securities LLC now owns 14,838 shares of the company’s stock valued at $1,109,000 after purchasing an additional 5,102 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $75.97 on Monday. The stock’s fifty day moving average is $75.13 and its two-hundred day moving average is $76.15. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

About Vanguard Intermediate-Term Bond ETF

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).