Florida Trust Wealth Management Co Acquires Shares of 7,908 Vanguard Intermediate-Term Bond ETF $BIV

Florida Trust Wealth Management Co acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 7,908 shares of the company’s stock, valued at approximately $616,000.

A number of other institutional investors have also added to or reduced their stakes in BIV. American Trust purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at approximately $82,058,000. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after buying an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after buying an additional 805,042 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in 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. Finally, BCM Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 50.2% during the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after buying an additional 439,920 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2%

NYSEARCA BIV opened at $76.92 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08. The stock has a 50 day moving average price of $77.78 and a 200-day moving average price of $78.01.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given 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.

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). 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.