Bank of Montreal Can Buys 62,899 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Bank of Montreal Can raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 876,498 shares of the company’s stock after acquiring an additional 62,899 shares during the period. Bank of Montreal Can owned about 0.27% of Vanguard Intermediate-Term Bond ETF worth $68,446,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Savant Capital LLC grew its position in Vanguard Intermediate-Term Bond ETF by 39.4% in the 2nd quarter. Savant Capital LLC now owns 5,687 shares of the company’s stock worth $440,000 after purchasing an additional 1,608 shares in the last quarter. Francis Financial Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 1.5% during the 2nd quarter. Francis Financial Inc. now owns 583,192 shares of the company’s stock worth $45,125,000 after buying an additional 8,500 shares in the last quarter. Stephenson & Company Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.1% in the 2nd quarter. Stephenson & Company Inc. now owns 136,437 shares of the company’s stock worth $10,552,000 after buying an additional 1,458 shares during the last quarter. Carl P. Sherr & Co. LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 13.7% in the 2nd quarter. Carl P. Sherr & Co. LLC now owns 111,862 shares of the company’s stock worth $8,651,000 after buying an additional 13,477 shares during the last quarter. Finally, Security Financial Services INC. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.2% in the second quarter. Security Financial Services INC. now owns 12,873 shares of the company’s stock valued at $996,000 after acquiring an additional 1,398 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.4%

Shares of BIV opened at $77.26 on Friday. The stock has a 50 day moving average of $78.07 and a 200 day moving average of $78.14. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2514 per share. 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 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.