Richardson Financial Services Inc. Sells 1,900 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Richardson Financial Services Inc. trimmed its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,031 shares of the company’s stock after selling 1,900 shares during the quarter. Richardson Financial Services Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Park Avenue Securities LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 56.5% in the 3rd quarter. Park Avenue Securities LLC now owns 9,736 shares of the company’s stock valued at $763,000 after acquiring an additional 3,514 shares during the period. GAMMA Investing LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 40.4% in the third quarter. GAMMA Investing LLC now owns 66,947 shares of the company’s stock worth $5,247,000 after purchasing an additional 19,264 shares in the last quarter. FC Advisory LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.4% in the third quarter. FC Advisory LLC now owns 147,874 shares of the company’s stock worth $11,589,000 after purchasing an additional 7,612 shares in the last quarter. Brewster Financial Planning LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 4.4% in the third quarter. Brewster Financial Planning LLC now owns 219,179 shares of the company’s stock valued at $17,177,000 after purchasing an additional 9,327 shares during the period. Finally, Platte River Wealth Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.0% during the 3rd quarter. Platte River Wealth Advisors LLC now owns 129,547 shares of the company’s stock valued at $10,153,000 after buying an additional 9,611 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Vanguard Intermediate-Term Bond ETF stock opened at $75.19 on Monday. The firm has a 50 day simple moving average of $75.18 and a 200 day simple moving average of $76.35. 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 business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be paid a dividend of $0.2531 per share. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date is Monday, February 3rd.

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).